Chinese stocks risk us

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Increase the organizational audit of Chinese companies listed in the American Ali Baba And other Chinese companies in American exchanges.

outside “Everything is on the table“US Treasury Secretary Scott Payette on April 9 has sparked concerns in Wall Street that hundreds of billions of dollars may flow into a forced deletion of Chinese stocks of American stock exchanges.

Thanks to the latest version of Law issued in 2020The American Securities and Stock Exchange Committee can remove Chinese shares if the company is not compatible with audit applications for two consecutive years. Paul Atkins, the oath on Monday as SEC PresidentAnd he indicated during a hearing last month that he would do so Adhere to this process To check the Chinese stocks listed in the United States.

The ongoing analyst and press coverage of BESSENT comments reflects how uncertainty is expanded – even it requires a related piece in New York Post Tabloid.

“In an extremist scenario, American investors may have to liquidate a value of $ 800 billion in Chinese stocks if they are prevented from investing in Chinese securities,” Goldman Sachs said in a memorandum last week.

And they expected that Chinese investors may also need to sell their US financial assets, at an estimated value of about 370 billion dollars of shares and $ 1.3 trillion of bonds.

Kraneshares, who runs $ 5.9 billion, told the stock exchange of Chinese on the stock exchange last week to spoil from Chinese companies were a “low probability”. Once again during a previous round of abnormal fears in 2022, the company Began The greater part of it Kraneshares CSIS China Internet ETF (B) Property to Hong Kong shares traded for Chinese companies listed in the United States. Kraneshares reiterated this approach to the “unlikely event” that Chinese companies are deleted in the United States

Papa is an additional listed Share in Hong Kong in 2019After five years of the huge The first public offering in New York. While Baidu, JD.com and many other Chinese companies have offered shares in Hong Kong in recent years, Parent Temu Pdd holdings In particular, he hasn’t done it yet.

PDD did not immediately respond to the CNBC request for comment. The e -commerce company has moved its headquarters From China to Ireland in 2023.

The background here is US President Donald Trump.The first investment policy in America“The memorandum published in late February. It called for a review of the United States’s investments in Chinese entities, as well as renewed scrutiny of Chinese companies circulating for the public – both through the commonly used listing structures and through the law of responsibility for foreign companies that became law in 2020.

Winston Ma, Assistant Professor at New York University’s Law Faculty, said that the memo is a wide mandate for many government agencies, including the Supreme Education Council, to “impose current rules and create new rules” related to Chinese companies listed in the United States.

“If the organizers are now behaving now, they can use the period of financial reports ending in April 2025 as one year, and this means that the second year will end in 2026, which fulfills the commitment period” for a period of two years “necessary”. “The deletion may come faster than you think,” he said.

The Public Company’s Accounting Council, which is under the supervision of SEC, He said in 2022 It was Auditing records Chinese companies are likely to be affected. At the present time, “there are no sources at risk of obtaining their securities to prohibit trading” under the law, according to what he said SEC website.

SEC did not immediately respond to CNBC’s request for comment, while PCAOB refused to comment.

The Parliament Selection Committee in China at late last week sent messages to the CEO of JPMorgan Chase Jimmy Damon and CEO of the American American Brian Mianihan Company to claim investment banks Withdraw from the subscription of the public subscription in Hong Kong From the contemporary Amprex technology of the Chinese battery. Jpmorgan refused to comment, while Bank of America did not respond.

The last Trump Spit with Harvard It also means more scrutiny on how endowment funds in American universities have made billions of Chinese investments.

The House of Representatives Committee previously cited research from US Advocacy Group Union Future on How did the American pension funds invested and the university’s standing in China.

“Atkins is under pressure to take a firm position for decades of double double standards,” Andrew King said in the future in an e -mail. He is also an administrative partner at Bastille, which is based in San Francisco.

“It was delayed, and China overcame its hand by the Stone Organizers and the boasting cases such as Lukin coffee fraud “With their failure,” he said, now they will lose their way to secondary financing without supervision.

China’s securities organizer He sought to increase her supervision From local companies NarrationEspecially after Didi’s US IPO in the United States in 2021 and its subsequent destruction. In light of the new process of the Chinese Securities Organization, a few large Chinese companies have been able to list in the United States in recent months, including the Chinese milk tea company Tag Only last week.

The lengthy delay on TIKTOK entertainment also shown legally binding, concerns about deletion can be exaggerated – at least in the short term. However, investors may choose to vote with their feet first.

The White House indicates a possible reduction in Chinese tensions. US Treasury Secretary Scott Payette told investors on Tuesday that he expected The US -Chinese war is a trade to escalate in the “very near future”, “ Tell a person in the room CNBC. The comments came a day after China pledged to take revenge on the countries that follow us calls to isolate Beijing.

The CEO of Nvidia Jensen Huang visited China and met many prominent personalities. Huang was The official meeting with the Chinese Deputy Prime Minister is Living In Beijing Thursday – and And according to what Liang Winfing received from Debsik. He found the latest research survey on Americans a Softening the negative views of China.

Local governments in China Bitcoin sales to support empty cabinets. This consideration has been reported before Reuters Thursday. China has banned cryptocurrencies for years, and the local authorities who were suffering from financial hardship were sitting on the seized assets. Unemployment between Chinese youth between the ages of 16 and 24 in March to 16.5 % decreased, a decrease from 16.9 % in February, according to official data.

Chinese stocks and Hong Kong were trading in positive lands on Wednesday, where investors chanted Reducing trade tensions between the United States and China.

China’s main mainland CSI 300 It rose 0.15 % while Hong Kong Hang Singh Fahras Which includes many major Chinese companies – increased by 2.16 % from 11:00 am local time.

Since the beginning of this year, CSI has lost 300 3.7 % while the Hang Seng index increased by 9.67 %.

The return of Chinese government bonds increased for 10 years to 1.660 %.

The Chinese yuan abroad enhances marginally to 7.3049 against Greenback.