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China-US Relations: The Debate on Financial Decoupling Behind the Plunge of Overseas Chinese Concept Stocks-BBC News

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For investors wandering through the Chinese and American financial markets, the past July was an “eventful month”, and major events that hit the market occurred one after another.

On July 2, Didi Chuxing, which was listed in the US for less than 48 hours on a low-key listing, was severely scrutinized by Chinese regulators and its share price plummeted. When investors sighed, they didn’t expect things to evolve rapidly-all Didi apps were removed from the shelves, multiple departments joined forces, and there was even news that Didi might delist to appease the regulatory authorities.

Investors were also caught off guard by the “double reduction policy.” The target education and training industry was more stringent than market expectations. The stock prices of relevant Chinese concept stocks listed in the United States and Hong Kong were cut in half. Some investors believed that “this track is basically over. “.

At the end of July, Reuters reported, citing sources familiar with the situation, that the US Securities Regulatory Commission (SEC) had stopped processing Chinese companies’ initial public offerings in the United States. The market is in an uproar.

Investors were also caught off guard by the “double reduction policy.” The target education and training industry was more stringent than market expectations. The stock prices of relevant Chinese concept stocks listed in the United States and Hong Kong were cut in half. Some investors believed that “this track is basically over. “.

Source: https://www.archyde.com/china-us-relations-the-debate-on-financial-decoupling-behind-the-plunge-of-overseas-chinese-concept-stocks-bbc-news/

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