Nio Inc (NIO)

[LionsTact]

I'm starting to be on the fence about this.....Forced Audits aren't welcomed and The U.S. ( and I agree ) would love to get their hands on their financials, the Chinese are secretive and who knows what's hiding.

Yes, Tencent ( Ticker TCEHY ) has 12.6% beneficial ownership with aggregate voting power of 21.1% in NIO closed yesterday up 2.2% seemingly unphased but....

Meeting U.S. Regulatory actions might be more of a hurdle than just an audit.

....I wouldn't doubt some of the legit companies going private.

Concerning NASDAQ :
There are 156 Chinese companies listed on the NASDAQ with a total market capitalization of $1.2 trillion...... at least 11 Chinese state-owned companies listed on the three major U.S. exchanges.

Baidu is considering delisting as they (allegedly) feel undervalued on the U.S. NASDAQ market.....Will China Force the Hand of Others in Retaliation?

Privatizing:
....Some companies may just decide to go private....Will NIO ? Will Tencent ?

...again I don't think China doesn't take kindly to companies handing over documents. ( State-owned or not )

If the delistings happen investors will flock to sell their shares in a virtual race to the bottom.

Be Careful Today.

Hers the Link to the U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION

https://www.uscc.gov/sites/default/files/Chinese%20Companies%20on%20U.S.%20Stock%20Exchanges.pdf

Feel Free to Correct or disagree with any of my information.