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CN Officials Reportedly Discuss Potential U.S. Delisting with Major CN ADRs
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The Wall Street Journal cited sources as saying that Chinese officials recently discussed with some of China’s largest companies the possibility of delisting their stocks from U.S. exchanges, aiming to restrain their exposure to the USD and rising geopolitical risks. The U.S. recently announced a 90-day suspension of reciprocal tariffs on multiple countries or regions, but the U.S.-China trade conflict continues to escalate with no signs of abating. Moreover, China issued a risk alert to citizens considering travel or study in the U.S., signaling the Chinese government’s intent to pressure America’s tourism and education departments. The report also quoted a Deutsche Bank research note to clients on Thursday, stating that the world is heading toward a disorderly economic decoupling between the two largest global economies. Societe Generale further noted that Trump’s latest tariff hikes will immensely devastate China’s exports to the U.S. Earlier, U.S. Treasury Secretary Scott Bessent said that Washington has not ruled out any policy options to address China, including the potential removal of Chinese companies from U.S. exchanges, though the final decision rests with President Trump. AAStocks Financial News |
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