Strategicist: The ＂return＂ of China Estates delisting has little effect.

(Morning News) If Chinese stocks listed in the United States must be delisted from the local area, the Hong Kong stock market has the ability to absorb these Chinese stocks "return" regardless of breadth or liquidity.

Huo Huimin, a Bank of China stock strategist in Singapore, pointed out at the Bank of China and the Hong Kong Stock Market Outlook Media Sharing in the bank that these Chinese stocks are not so expelled from the United States, they will return to China.

She pointed out in the inquiry of Lianhe Morning Post that many of the existing 80 Chinese stocks listed in the United States in the United States are actually qualified to be listed in Hong Kong.Therefore, the potential delisting crisis of these Chinese stocks is unlikely to have much impact on the market."

Huo Huimin, a Chinese stock strategist in Singapore, believes that the Hong Kong stock market can absorb all the return of Chinese stocks. (Provided by OCT)

Huo Huimin said: "According to the internal information of the bank, as of the end of last year, only 44 ADRs were only 44 ADRNo qualifications to be listed in the Hong Kong stock market by the end of 2023.And from the perspective of market capital, this is just a relatively small part, it is estimated that it is only $ 36 billion.Some of these inconsistent conditions include: too high equity in foreigners."

She further pointed out that of the other 36 ADRs, 22 ADRs already have the conditions to" return "immediately. These 22 ADRs occupy most of the market capital, as of the end of last year, it is estimated to reach US $ 200 billion at the end of last year. The remaining 14 ADR estimates that it can meet the conditions for listing in Hong Kong by 2023.

Huo Huimin said, assuming that the funds raised in Hong Kong when these Chinese stocks return will account for 5 % of the market capital to the market capital.10 % is only about $ 10 billion to 20 billion US dollars, which is equivalent to about 25 % to 40 % of the Hong Kong stock market in the first 11 months of last year. Therefore, if ADR set off a wave of return, the Hong Kong market can cope with it.

She said, the only thing that is more concerned is whether the width limit of the three years in the United States will be shortened. Because if the period is shortened, the entire return will accelerate.

In the past few years, China and the United States have greatly affected the performance of Chinese stocks listed in the United States.

The US Securities and Exchange Commission stated in early December that foreign companies listed in the United States must disclose audit in compliance in the United States.Inspection of evidence, companies that cannot abide by the rules within three years will be removed. But for national security considerations, the Chinese government is unwilling to allow overseas regulators to check domestic accounting firms; while US regulators are worried that lack of regulatory regulators will cause American investors to make American investorsFacing risks.

New rules make investors worry that this may cause many Chinese stocks to avoid or withdraw from the US stock market, which affects many Chinese stock markets in the US stock market.

Didi Chuxing, which has been listed in the United States for less than half a year, announced his delisting from the United States last month.All the stock prices, Xiaopeng and the ideal stock price all fell half.