Political tensions 'will see all Chinese stocks delist from the US'

'All companies will be making that move'

Eve Maddock-Jones
clock • 4 min read

The latest round in the US-China “cold war” will result in all Chinese companies delisting from the US, Jorry Nøddekær, manager of Polar Capital’s Emerging Market Stars fund, told Investment Week.

Political tension between the two nations have been ongoing for years and many Chinese companies are now making the call to delist from the US ahead of the 2024 deadline as a way to manage the business risk. Indeed, five major state-owned Chinese companies have already announced a voluntarily delist from US exchanges. Nøddekær said that Chinese stocks taking up a dual listing in the US and Hong Kong was not new but recently firms had been moving the primary listing out of the US and back to Hong Kong. He added: "[Some] are considering delisting from the US completely because there is ...

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