Quote:Prominent U.S.-listed Chinese companies, including Pinduoduo and Full Truck Alliance, are scrapping plans for a potential listing of their shares in Hong Kong, The Information reported citing people familiar with the matter. The companies reportedly feel that they no longer need to hedge against future regulatory conflicts between China and the U.S.The news comes after an report earlier in December which noted that the U.S. accounting watchdog Public Company Accounting Oversight Board said it had full access to inspect and probe firms in China for the first time ever, brushing aside the risk that about 200 China-based companies could be removed from U.S. stock exchanges amid tough relations between the two countries. US-listed Chinese companies drop plans to list in Hong Kong (NYSE:YMM) | Seeking Alpha
Quote:My thesis is that in Musk’s newfound desire to own the Libs, he’s alienating the very people who have overwhelmingly been buyers of his EVs. How to validate this thesis? Well, let’s look at data for the state of New York from three distinct datasets: Census Bureau gives us population by county, the state gives us a breakdown of 2020 election results (see above), and another state database gives us (as but one of a truly impressive catalog) vehicle registrations (again, see above).The table above contains the top 10 and bottom 10 Trump-voting NY counties in the 2020 election, showing the percentage of Trump voters, the population, the number of TSLA registrations, and critically, TSLA registrations per 10k population. The result:. Adjusted for population, Teslas are ~5x more common in heavily Democratic counties than they are in heavily Republican counties. Thoughts On Owning the Libs