Quote:
Originally Posted by fishtank
i think there will be another shake down on the chinese stock , their vaulation are sky high, the listing in the us market get them alot of exposure and capital.
we are addicted to cheap chinese goods/manufacturing ,
Chinese companys are Addicted to the US capital market and listed their IPO in the US .( noted the biggest chinese ipo's are listed in the us- alibaba )
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ealier in the year ANT finacial ( alibaba's payment system ) was to be listed in the NYSE and the ccp pull the rug out on it days before the us IPO for $30 billion, that would have been the biggest ipo in history. In a way we need to thank the ccp for keeping the bags in china, as many of US shareholders would be holding the bags right now .