I think ...
- shareholders (irrespective of citizenship, residency, geographic location, and ethno-religion flavouring) must demand that all the 300+ team china companies make preparations to migrate, and fast, else must be ready to remove irresponsible management w/ heads in the sand. Salam protocol is on.
- should any companies fail to migrate by some as yet unclear date, am guessing that the officialdoms of teams China and America shall do pull then yank, and push then shove, respectively, cheered on by suspect MSM and facilitated by rule by making up rules, for the people, by the people, against other people
- the companies must consider what an application of exit tax would do to their treasury and shareholders, as companies are just legal persons, and team America is one of very few states with exit tax on its expats leaving for good
- shareholders are getting ripped as we ponder, as the share prices are going from upper left to the lower right, and as the insiders do what they learned from their team America Wall Street advisors, may well work to lower valuation across the juncture of there and here, delisting and listing
- new shareholders may have a chance, because they can better judge the management based on track record of old charts, and select wagers accordingly
- trading volumes might increase for those companies of merit and those not
- valuations might go higher given excess savings and lower base, thus momentum may work well
- as to <<what happens to (existing) shareholders>> ... not good for those unable to trade HK listed shares (via the usual brokers that be Schwab and such), okay for those w/ Interactive or full service brokers (but get ripped by full service)
- generally shareholders get hurt during times of confusion, and kerfuffle, when the lights go dark in the bar, and for those forced to sell at a gain, share the gain w/ officialdom, and for those at a loss, recognise the loss (since new share certificates may well be deemed as an exchange of unequal stuff, and this a sell and buy) - am not tax expert
- afterwards, after all said and done, a positive, as gives all of us more places to play |
