SHOCKWAVES REVERBERATE – 5 GIANT CHINESE FIRMS ANNOUNCE PLANS TO DELIST FROM U.S. ON THE SAME DAY – AS U.S. ‘DEGENERATES INTO A BANANA REPUBLIC’ – ‘RATHER THAN EXPOSING THEMSELVES TO CONSTANTLY RISING POLITICAL RISKS IN THE U.S., IT MAY BE A BETTER CHOICE TO DELIST & REARRANGE THEIR FINANCING, SUCH AS GOING PUBLIC IN HONG KONG’

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SHOCKWAVES REVERBERATE – 5 GIANT CHINESE FIRMS ANNOUNCE PLANS TO DELIST FROM U.S. ON THE SAME DAY – AS U.S. ‘DEGENERATES INTO A BANANA REPUBLIC’ – ‘RATHER THAN EXPOSING THEMSELVES TO CONSTANTLY RISING POLITICAL RISKS IN THE U.S., IT MAY BE A BETTER CHOICE TO DELIST & REARRANGE THEIR FINANCING, SUCH AS GOING PUBLIC IN HONG KONG’ Five Chinese state-owned giants on Friday separately announced plans to delist their American depository shares (ADS) from the New York Stock Exchange (NYSE), drawing widespread attention amid escalating China-US tensions and constant US crackdowns on Chinese companies, including a push to potentially delist...