Posted on 11/29/2021 12:51:12 AM PST by nickcarraway
US-listed Chinese microblogging platform Weibo is seeking to raise up to US$547 million in a share offer in Hong Kong, documents showed Monday (Nov 29), the latest China tech company to list closer to home as tensions with the United States rise.
Several US-listed Chinese tech firms such as Alibaba have held initial public offerings in Hong Kong over the past two years as the United States has stepped up scrutiny of Chinese companies.
Listing in Hong Kong is seen as a hedge against the risk of being removed from US exchanges and a way of accessing an investor base closer to their home markets.
(Excerpt) Read more at channelnewsasia.com ...
All Chinese companies should be delisted from all US Stock exchanges unless they follow all US laws which most of them don’t
I receive targeted advertising. “The internet” knows my age, my location and all of my spending habits. If I look for something on my phone, the ads on my PC will show me all the options for that item. This is really spooky and potentially dangerous.
A few years ago, I got a notice that my entire government jacket had been stolen by hackers. Fingerprints, personal history including that of my entire family and copies of their personal data. (From my Top-Secret clearances.) My files were amongst several million files downloaded to probably China.
We should cut China off the internet or take the US off the world wide web, forcing anyone outside the US to use other means to reach us. As for Chinese companies, they lie about everything. When Black Rock announced their “investment” into China, I dumped all of my Black Rock portfolio.
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