One of the biggest scams going in US markets right now is the China stock and one of the worst segments of that scam has been the China stock IPO. 12 of the 13 China-based companies that debuted on the US stock market this year are now lower than their offering price – 1 has been halted and many are down substantially from their high prints since listing.
Here’s a graphic from Tableau that tells you all you need to know, there’s a link below to the interactive version as well.
Source:
China economy booms, its US IPOs struggle (Tableau)
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