r/Economics • u/Terrapins1990 • 19d ago

China plans to ban overseas IPOs for tech firms with data security risks News

https://finance.yahoo.com/news/1-china-plans-ban-u-081501670.html
24 Upvotes

85% Upvoted

2

u/Huge-Surprise5856 19d ago

Why would anyone intelligent invest money in China anyway?! I clearly don’t even need to explain why.

2

u/Popular_Ad9150 19d ago

I turned $8,000 into $40,000 with TIGR calls so…

2

u/Huge-Surprise5856 18d ago

Your comment says enough bud. You can still be a retard and make money.

2

u/Popular_Ad9150 18d ago

I mean I also have a degree in economics with a specialization in finance so…

7

u/InvestingBig 19d ago

Is the US managed much better? At any moment a US company can be sanctioned based on US political populism. The US is destroying it's currency with 6%+ inflation and inability to end it's populist "stimulus" programs. The US has eroded property rights via eviction moratorium, etc. Even China did not erode property rights to this degree.

I am not saying China is good. I am saying what is the alternative? Perhaps you are biased to the US because it was good 50 years ago, but the US of today is not the US of 50 years ago.

3

u/IamChuckleseu 18d ago

US has functioning and most importantly politically independant courts. All US public companies are strictly regulated by non political bodies and all those companies have to regularly report and be completely transparent in what they do. Yes, it is managed this much better which is why US stock market is by far the best, biggest, most safe and most profitable stock market there is.

3

u/Huge-Surprise5856 19d ago

I will say it has less human right violations, plus how many times has the us removed businesses from stock market causing people to lose a lot of money? But really I don’t know or care about what happens in the USA. I don’t live there.

-2

u/InvestingBig 19d ago

The US has removed lots of companies. For example, it has removed a swathe of chinese companies from it's stock markets last year. Companies that are still trading in europe / china / hong kong, so it kind of shows you which one is more or less stable / instable. China is banning some overseas IPOs. That does not mean the companies cannot IPO on hong kong or shanghai exchanges. And investors are more than able to go to those exchanges and buy them if they want.

1

u/Huge-Surprise5856 19d ago

Did they atleast give people a warning before removing them? I don’t really pay attention to USA bs unless it pops up on the news. It’s simply none of my business. I love how unintelligent people downvote a question. Shows the reading comprehension capabilities and/or just the plain old stupidity on the internet.

1

u/[deleted] 19d ago

Tit for tat

-6

u/TheLordSmashington 19d ago

Lol. They don't control the stock market and they already have state run companies that do that stuff. Not sure what the threat is.

3

u/Terrapins1990 19d ago

As we have been seeing the last couple months they can bring their own markets to its knees. Traders have been trying to catch the falling knife for these stocks but realistically that may not be possible if the government keeps up the pressure

2

u/TheLordSmashington 19d ago

Don't trade in Chinese stocks. It's never a safe bet when a company can get taken over by the gov for not bowing to the picture on the wall.