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UpTickMeA$AP

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UpTickMeA$AP

Re: None

Friday, 04/22/2022 4:17:44 PM

Friday, April 22, 2022 4:17:44 PM

Post# of 8256

All the Chinese listed ADRs will likely end up on the list, because none of them will be able to comply with requests to have their audits reviewed," said Brendan Ahern, chief investment officer at KraneShares, told me. This is "because Chinese law prohibits the auditor to provide their review to U.S. regulatory authorities," he added.




https://www.cnbc.com/2022/03/10/these-chinese-stocks-are-down-sharply-on-thursday-heres-what-could-be-behind-the-decline.html

Will communist authoritarian china change, and comply with US registration? That's the big question.

History is incredibly clear, No, they won't.

DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.

People kill for money. What makes you think they will not lie to you for yours?

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