The Business Times
SUBSCRIBERS

Chinese bargain-hunters pile into stocks blacklisted by Trump

Outgoing US president is considering expanding list of 35 firms to include Alibaba and Tencent

google-preferred-sourceAdd BT as a preferred source
Published Fri, Jan 8, 2021 · 09:50 PM

    Shanghai

    AS United States investors dump shares in Chinese companies blacklisted by outgoing US President Donald Trump, bargain-hunters in China are taking the opposite side of that trade, wagering that a Joe Biden presidency will reverse the investment ban.

    Mr Trump signed an executive order on Nov 12 that bars US securities investment in Chinese companies allegedly owned or controlled by the Chinese military.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    ChinaHong KongUnited States

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More