Delisting will happen in 3 years IF the Chinese companies do not comply with USA accounting methods and standards.
It may be that big companies like BABA choose to comply with these accounting standards. Or they may be delisted and only available on other exchanges such as Hong Kong.
If you are holding shares at the time of a delisting there would likely be a process to transfer your shares to a foreign exchange.
Panic selling your stock is not recommended. Make an informed decision.
I appreciate all the information brother. I'm not planning on selling, at least not now. Alibaba is down right now and i'm up a lot on NIO.
I believe both companies will grow in the future despite their commie background. China is still a big market and there are still humans living there that need to shop.
To me it's not as simple as "sell it they're commies" That there is simple thinking.
Delisting will happen in 3 years IF the Chinese companies do not comply with USA accounting methods and standards.
It may be that big companies like BABA choose to comply with these accounting standards. Or they may be delisted and only available on other exchanges such as Hong Kong.
If you are holding shares at the time of a delisting there would likely be a process to transfer your shares to a foreign exchange.
Panic selling your stock is not recommended. Make an informed decision.
I appreciate all the information brother. I'm not planning on selling, at least not now. Alibaba is down right now and i'm up a lot on NIO.
I believe both companies will grow in the future despite their commie background. China is still a big market and there are still humans living there that need to shop.
To me it's not as simple as "sell it they're commies" That there is simple thinking.