Comments by "Samson Soturian" (@samsonsoturian6013) on "China Delistings?" video.

  1. Mass delistings will ensue.
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  2. The US collectively owns much of the planet. That is not a metaphor, as near all US large caps are global firms, so it's pretty much impossible not to be invested in China. That plus most investors practice global diversification, passive investment funds indiscriminately buy stocks, and value investors like Mr Buffet will take any legal investment if the price is right. Politics is for the politicians.
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  3. We give everyone that
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  4.  @mirror452  you say that as if you know for a fact the auditors will find systemic criminal activities, hense all the meaningless rhetoric. It's not like we all know that "sensitive data" is a euphemism for "secrets."
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  5. I suspect mass delistings will become a thing in a few years. Some companies will survive because they either lay flat and followed the rules or they simply fooled all auditors
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  6. He has no say in the matter
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  7. People can skip town, countries can't.
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  8. They did that last time, I don't know about this time
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  9. The auditors don't take orders from politicians.
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  10. Often the shares are forcibly liquidated
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  11.  @dhirajmeenavilli5508  Shut up
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  12. The loophole is it's legal to loan a Chinese guy money to buy stocks on you behalf. This is so common that the rule you mention is almost irrelevant, because while foreigners aren't on any board of directors they can still dictate affairs by threatening to pull their money out.
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  13. Not always. Sometimes there's nukes involved. But yeah, don't invest with someone who can't tell you what they do with your money.
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  14. Just blanket delistings instead
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  15. Weird priority, since virtually all US based large caps are global firms. Americans collectively own half the planet.
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  16. Sensitive data? Little pink here doesn't know the difference between a publicly traded company and a government, apparently.
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  17.  @mirror452  come on, don't pretend we can't all tell you're making this up as you go along. And in China the literal opposite is true, where foreign companies are even required to disclose even patent information, which is why there's an abundance of copycat Chinese goods. In fact, Apple said the only reason they put up with it is because by the time the knockoffs emerge they're already becoming obsolete. Beijing's motive isn't to protect "sensitive data," it's to beat out the competition. And in this case it is more than likely they know Evergrande style degeneracy is systemic.
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  18.  @mirror452  lose the rhetoric. No one cares for it
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  19.  @mirror452  no actually I don't
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  20. They're always in a recession
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  21. Vhut?
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  22. Fight wars with guns, not with your wallet.
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  23.  @robbrown4621  only if you're a coward
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  24.  @robbrown4621  trying to win a war through petty means like boycotts and protests is a sign of cowardice. End of story.
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  25. Not regulated by the US. They have their own country's regs, but those are sometimes lacking.
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  26.  @sko1beer  shut up
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  27.  @cases2939  yes, but a country's predatory behaviors work much differently than an individual's
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  28. This is China, so it's Xi Wán.
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  29. [Laughs is Lichtensteiner]
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  30. A lot of them do. Even the guy who got rich on Chinese media spamming nationalistic junk has most of his fortune and family in the US.
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  31. US companies are globally diversified
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  32. Patrick is Irish.
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  33. This America. The auditors have auditors.
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  34. There's also the laziness principal. US consumer protection is strict and there's a lot of paperwork and fact checking. Many foreign banks won't even do business in America for this reason, which is why traveler's checks exist.
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  35. This is the pace that national conflicts move at.
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  36. I haven't heard of any of those guys running afowl of the auditors, though.
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  37.  @tgd02  Because you don't know a damn thing about accounting. Putting the HQ in another country legally avoids US corporate taxes, BUT the profits from that company in the US are still taxed as corporate income. The Caymen Islands makes a racket out of trimming a few percentage points off US company's taxes.
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  38.  @dhirajmeenavilli5508  liars burn in hell
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