Over the past few weeks, the U.S. stock market as a whole has been extremely sensitive, and the market's reaction to surprises has been "amplified". The $S&P 500(.SPX)$ has swung more than 10% in a single day, and $NASDAQ(.IXIC)$ has rallied more than 12%.With expectations surrounding Trump's tariffs recurring, the week's action could be described as a "collection of risk events" from years past.Looking at the timeline of the overall U.S. stock market pullback in 2025.The initial decline was triggered by a rapid pullback in a group of 2024 overbought momentum stocks ( $AppLovin Corporation(APP)$
Delisting Risks: Avoid China's ADRs or Shift to HK Markets?
The White House announces tariff hikes on Chinese goods — up to 245%. Chinese companies listed in the U.S. may face delisting risks, but institutions believe the potential impact this time is more manageable, as many major Chinese firms have already adopted dual listings. Hong Kong has become the primary destination for Chinese companies returning from overseas markets. ------------ Would you avoid investing in China’s ADRs? Do you have confidence in Chinese companies listing in Hong Kong? Will the return of Chinese stocks benefit the Hong Kong Stock Exchange?
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