Is Wall Street Ready to Work on China Time?
Delisting Chinese companies won’t be a bad thing. It’s time for them to come home.
Wake up to a different bull.
Qilai Shen/Bloomberg
Three cheers for the U.S. House of Representatives for passing a bill that could kick out Chinese companies listed on American exchanges. The tens of thousands of financial worker bees who have built their careers trading and servicing behemoths like Alibaba Group Holding Ltd and JD.com Inc. can finally get some sleep at night.
Nearly a decade ago, I started my journalism career with Barron’s, the financial investment magazine. Based in Hong Kong, I would work well into the night calling emerging markets fund managers in New York, asking them for their views on China and their stock picks. Often, I went to bed at 2 AM.