Lion-OCBC Securities Hang Seng TECH ETF

[Wildreamz]

China Tech Selloff Deepens as U.S. Delisting Fears Alarm Traders
https://www.bloomberg.com/news/articles/...rm-traders

* Hang Seng Tech Index falls as much as 7.1%, dragged by JD.com
* Delisting worries not new but add to weak sentiment: analysts

[CY09]

Curious about this USA- China relations. Does China do the same thing to Singapore? Or are Singapore regulators allowed access to China accounts of stocks listed here? We have 4 SOEs listed on the SGX so I am not sure if China is giving differentiated treatment out of being "xiaoqi"

Found the answer: China is only doing it to US regulators

[weijian]

I am not so sure if western capitalist markets are a good reflection for the Chinese market.

Wall Street's China stock rout nearing dot-com crash levels

Only a year ago, Chinese stocks in the US were enjoying an unprecedented boom.

Now they are mired in a 72 per cent plunge that is on the cusp of matching losses during the 2008 financial crisis - and within spitting distance of the Nasdaq Composite Index's 78 per cent peak-to-trough slump during the early 2000s dot-com bust.

https://www.businesstimes.com.sg/stocks/...ash-levels

[Behappyalways]

A good watch. Watch 13:40.

22.03.15【豐富│東南西北龍鳳配】Pt.2 香港股價還回得去嗎？
https://m.youtube.com/watch?v=d_iTIpQlM0c

[weijian]

The whole rout started with the CCP's signaling. Any indications of an end has to come from the CCP's signaling as well. The market rightly see it as so and rebounded 22% in a day.

Is this the beginning of the end of China's techlash?

On Mar 16, Xinhua, a state news agency, published a report from a meeting of the central government chaired by Liu He, China's top economic adviser. The agency declared that the "rectification" of large Chinese technology companies would soon come to a close. New regulations should be transparent, Liu was supposed to have urged, and policymakers must be cautious when implementing rules that might hurt the market, according to Xinhua.

Moreover, state media reassured readers, the Chinese leadership would stabilise stock markets. It may even support foreign listings of Chinese companies, which it has discouraged or, as in Didi's case, opposed.

https://www.businesstimes.com.sg/weekend...s-techlash

[weijian]

This probably signals that we are nearby the end of the regulatory crackdown.

China removes key hurdle to allow US full access to audits

VIEs, a vehicle pioneered by Sina Corp during a 2000 IPO and used by numerous technology giants to list in the US, have been a perennial worry for global investors since they operated in a legal grey zone. Chinese regulators only started acknowledging their existence in a series of new rules over the past year.

"The CSRC will firmly support companies to choose their listing destinations based on their own will," the regulator said on Saturday.

https://www.businesstimes.com.sg/compani...-to-audits