Five Chinese Stocks To Delist From NYSE

[ThetaMale]

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.

www.reuters.com

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.

 

[Rube Reaper]

We should close the markets all together but this is at least a good start!

 

[tiderollsonu]