InvestorsHub Logo
Followers 53
Posts 1044
Boards Moderated 0
Alias Born 05/22/2014

Re: None

Wednesday, 12/23/2020 11:44:54 PM

Wednesday, December 23, 2020 11:44:54 PM

Post# of 45152
Some Chinese owned Companies on the NY Stock Exchange...Citing the nonpartisan economic think-tank Paulson Institute, the American Security Institute report underscores that "Chinese firms and investors own a controlling majority in nearly 2,400 U.S. companies."


I would think that these companies are fully owned Chinese...217 Chinese companies
There are 217 Chinese companies listed on NASDAQ, the New York Stock Exchange (NYSE), and NYSE American, with a total market capitalization of $2.2 trillion, according to a congressional commission on US-China economic relations.


Also note that the population of China is 1.4 billion and growing rapidly...Trading stocks in the U.S. market is not just for American citizens. While U.S. stocks and bonds are regulated by U.S. law, there are no explicit provisions prohibiting non-U.S. citizens from investing in the U.S. stock market and many investment firms cater to international clients who wish to purchase U.S. stocks.


Roughly two-thirds of these CRMs have stock traded on the OTC Bulletin Board. jmho