Is NIO $nio having no more hope? Dropped since dec 1 at 40 to under 30. Massive sell off. My biggest position so far. Conviction on NIO erodes as days went by, psychological stress has not declined ever since. A slew of other ADR share tickers xpev, Li, didi, baba all shares the same trenddown, one worse than the other. I wish those comapnies sent out some bullish news but they all didnt look like showing adamant effort in reassuring the investors what (regulatory) risk mitigation are/will be undertaken....
Holy molly! I bet 90% of retail investors like u and i the average guy on the streets have some chinese ADR in portfolio. Is this really what the ** really wants, to ultimately push away global investors that are key to their companies?
DIDI prepares to delist from U.S. stocks and to list in Hong Kong.