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dreamaker56

02/19/24 10:55 AM

#50511 RE: Q7 #50508

Great find and great read!
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trader59

02/19/24 1:19 PM

#50558 RE: Q7 #50508

The reason those companies chose to de-list onto the OTC was they didn’t want to open their books to a real audit… imagine that…. Chinese companies don't want anybody over here looking at the books.

https://www.atlanticcouncil.org/blogs/econographics/delisting-chinese-companies-from-the-new-york-stock-exchange-signs-of-decoupling/
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Q7

02/19/24 3:46 PM

#50596 RE: Q7 #50508

Precedent set: recently, billion dollar Chinese companies have voluntarily delisted from NYSE…..and believe it or not…..went to OTC and Pink Sheet.

Within the last two years. And this article came out just last September.

A must read article for everyone, even the nagging Nancy bashers, lol:


https://www.irmagazine.com/regulation/delisting-us-chinese-firms-prove-popular-over-counter


DD post below about it:::……ok so thats settled….and put to rest…anyone out there should post this article anytime someone nags that it just cant be huge companys would never list on the OTC…..

….so..…$7 bil JFH if they do role in the whole company, their Market Cap would fit right in the middle of these other Chinese companies now trading on the OTC…that range from Market Caps of $1.7 billion to $17 billion…….

…..so it aint some kind of ‘…why would a $7 billion company…..’ or…’nooo way that has never happened its tooo big’ nonsense lol…:


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173876591