U.S. authorities released a statement that Chinese firms and other countries who fail U.S. accounting standards would be delisted by the end of 2021. As of Sep 2020, a total of 245 Chinese companies are listed in the U.S. with a market capitalization of US$1.8 trillion.
So what happens if Chinese firms were to be delisted from the U.S.? What should you as an investor be wary about?
In this episode, we discuss the impact of Chinese companies that are currently listed in the U.S. (e.g. Alibaba, Luckin Coffee) and the future of Chinese companies if they want to have a foothold in the United States (e.g. TikTok).