Investing in China: Year of the Bear?
Many Happy Returns
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Is There a Share Transfer Senario?
Five chinese state and enterprises have just announced that they are going to voluntarily d list from us. If you own it in hong kong, for example, the market there tends to be much less liquid. liquidityis important because it increases your trading costs if it is illiquid. Authorities might see that change of shares as a taxable event, so you might get a bill. Cpitl gainst tax bill, which is a problemyes. But neither of those outcomes sounds too bad. In the first one, they're just buying the stock back off me. Now that could be problematic if the stock price is fallingBecause of the de listing, and they'r buying it
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