This was already announced a couple of months ago. Apparently the listing of specific companies starts. Your thoughts?
https://www.swissinfo.ch/eng/bloomberg/chinese-firms-plan-swiss-share-sale-launch-this-week–sources-say/47769720
This was already announced a couple of months ago. Apparently the listing of specific companies starts. Your thoughts?
https://www.swissinfo.ch/eng/bloomberg/chinese-firms-plan-swiss-share-sale-launch-this-week–sources-say/47769720
9 comments
Lol, one of them is a chinese construction business supplier. I’d rather invest in monkey NFTs…
money go brrrr
They ran out of fools in USA? Trying some other rich countries?
With the political decisions Xi took in the past years, companies leaving, developers defaulting and so forth… someone got to plug that [150 billion capital outflow ](https://www.aljazeera.com/economy/2022/7/21/china-investors-call-it-quits-as-xi-zero-covid-rattle-markets)
We’re in for a wild ride.
I realize we are in a globalized economy and profit from the CCP adopting capitalism since the 1980s, but I’d never directly invest in an authoritarian economy that officially aims to abolish that very economic system. Your investment is at the whim of the CCPs political mood, and the CCP is a Communist racist authoritarian dictatorship party. If it’s not Han Chinese, it’s seen as inferior. Now look at how they treat their own people.
Might as well invest your money with the Prince of Nigeria.
The muricans are gonna delist them, they need new idiots to buy their CCP controlled crap via a Variable Interest Entity from the Cayman Islands.
You will never actually own the shares like with any other western company. Only the CCP is allowed to own that.
If you guys really wanna buy the CCP dream you can buy from the Hong Kong exchange directly with IBKR.
I would stay away tho’ as commie printers don’t go Brrrr
Avoid. Too much fraud
Wow most comments are really just xenophobie.
First of all the Six is one of the most fradulent exchanges, there is at least one company per years that get‘s delisted for it. 2021 Rapid Nutrition, 2022 Blackstone.
There are many suspicous Companys like a airplane maintenance company in my neighbor hood in Lausanne who is just a letter box, or Relief Therapeutics…the biggest fraud case mondobiotech even made it to the WEF.
The Six is very international with companys from Argentina to Austria.
You can already buy chinese shares with a 2nd listing through the SIX, from Baba to Lenovo….
This is a nice addition for all of us, as our pension is ballsdeep in SMI which means 70% Roche, Nestle, Novartis, then Luxus and Logitech that‘s it.
A well performing manufacturing company which provides an ipo offering for our pension funds and accept swiss auditing isn’t bad in anyway, UBS and CS are also quiet big in APAC….