Trump Administration Considering Delisting U.S - Listed Chinese Firms

Recommended Posts


YESSSSSSSS!!!   :) :) :) 


- The Trump administration is considering delisting Chinese firms from U.S. stock exchanges, according a Bloomberg report on Friday, sending shares of those companies sharply lower.

- Exact mechanisms for how to delist the companies were yet to be worked out and any plan is subject to approval by President Donald Trump, who has given the green light to the discussion, Bloomberg reported, citing a person close to the deliberations. Shares of Alibaba Group Holding, JD.com, Pinduoduo, Baidu, Vipshop Holdings, Baozun and IQIYI fell between 2% to 4% in afternoon trading. White House officials are also discussing ways to limit U.S. portfolio flows into China, Reuters reported, citing a U.S. government official.

- Trade talks between the United States and China are set to resume on Oct. 10 in Washington, CNBC reported on Thursday, citing three people close to the talks.
#Short the SP500 and Long Gold. 
Edited by DayTrader
  • Great Response! 1
  • Upvote 1

Share this post

Link to post
Share on other sites



'' And to think just earlier this morning we were mocking the complacent market - and this Reuters headline - for justifying the latest overnight levitation in risk assets''


And despite some marginal difference as to the severity of today's news, all analysts appeared to agree that today's news "opens up a new front in the U.S.-China trade conflict" and the only question is whether these are "just loose headlines with U.S. capital flows used as a bargaining chip, or whether the threat is real."

Edited by DayTrader

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.