𝕏xCN first seen 1 d ago, last 1 d ago, peak #4
Investor cuts Sohu holding to 20% of portfolio on China ADR news
Original: Sålt ner till 20% av portföljen i $Sohu . Idag inleddes med följande artikel i Bloomberg. Jag gjorde mig mentalt redo fö
A Swedish investor has sold down the Chinese tech company Sohu to just 20% of their portfolio, citing a Bloomberg report that the US will halt new listings of Chinese ADR and VIE initial public offerings and demand greater transparency from companies already listed. The trader said they had braced mentally for another 10% daily drop in the stock amid the regulatory crackdown.
Why now: US restrictions on new Chinese ADR and VIE listings are spooking investors holding Chinese tech stocks.
SohuBloombergChinese ADRsVIE structures
Evidence
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