Five Chinese state-owned companies to delist from NYSE amid U.S. tensions
Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance , said on Friday they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States.
Could be a sign of heightening tensions. Trying to avoid US scrutiny and might see other Chinese stocks follow suit. I've personally never been a fan of investing in Chinese stocks just because I have a hard time trusting them in general.
