Article appeared on SeekingAlpha & was also picked up by street.com. The author makes the obvious observation: even though these uplistings are widely expected, they are still profitable. The bottom line is that funds want in these names but are prohibited by the fund description/prospectus. As soon as the China Stox are on a 'major' exchange, funds pile in.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.