I guess they figured out that without a HK listing they are done. Too much reputational damage. Also, how can the government support them (publicly) if they are dark? That's why I expect a grant, or a loan, or a supply contract. A lot of support from the government.
I don't know yet if I will hold on to some shares. My valuation model tells me there are a lot of cheaper companies out there. But it doesn't factor in a friendly environment like the HK exchange. When I look at companies like NFLX or AMZN, then anything goes, it seems. Also, if they repurchase stock (not sure if they are allowed to at this stage) then they will disclose it within a few days. Let's see what happens. I don't know yet, alright?
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