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by throwaway98211
1777 days ago
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>I am in China currently, but I am as ignorant of the underlying motives behind the crackdowns. Why search for underlying motives when the overt motivates are clear; Chinese tech companies should 'come home' to mainland capital markets. The script is simple: 1) Ticket X is floated in an NYC-based exchange
2) China announces some regulatory crackdown affecting X, whose valuation falls precipitously
3) X goes private at a fraction of its original valuation
4) X is re-listed Shanghai / Hong Kong
5) The regulatory challenges affecting X miraculously dissipate |
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