« Major companies [...] have all expressed concern that the trend could reverse, with a crackdown causing Chinese companies to move their listings to HK or countries where investor protections are weaker than in the U.S. US investors would still be able to purchase the stock. » https://twitter.com/c_barraud/status/1334367706607353857

I see it as a net positive for the ADR of $NIO $LI $XPEV:
- Compliance would mean more comfort for investors
- It would attract more investors who are actually not willing to invest in Chinese companies

I am still wondering how they define the notion of control by the Government. Same as for consolidation in US GAAP ? (Variable interest and controlling financial interest).

https://www.reddit.com/r/Nio/comments/k4q41g/please_be_informed_understanding_the_delisting/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Super interesting thread $NIO $LI $XPEV