US delisting of Chinese stocks may make Hong Kong great again

Kevin O'Leary suggests China gets a taste of its own medicine, delist their stocks from US markets

With China hiking its trade war stakes with the U.S., "Shark Tank" star and entrepreneur Kevin O’Leary is calling for the adversary’s assets to be delisted from markets."My estimation, as of this morning, somewhere between $500 to $700 billion worth of market capitalization that should be delisted, taken off the exchanges, add further pressure on the Chinese to come to the table," O’Leary said on "Mornings with Maria" Friday."And I speak on beha…

US delisting of Chinese stocks may make Hong Kong great again

A total of 286 Chinese firms are listed in the US with a total market capitalisation of US$1.1 trillion.

China ADR Delisting "Sources" Ignore Facts, Week in Review - China Last Night

In yesterday’s webinar, which you can watch here, we addressed a rumor that US-listed China stocks could be delisted. In December 2020, the Holding Foreign Companies Accountable Act was passed to address the long-running issue of China’s law preventing the Public Company Accounting Oversight Board (PCAOB) from accessing US-listed stocks’ auditor books. While we considered the delisting a low probability because US investors, rather than Chinese …