In 2022, the Stocks prices of vital Chinese companies have fluctuated. Concerns about leading Chinese companies being delisted in the United States, Beijing’s crackdowns on big Chinese internet firms, criticism of China’s “no limits” ties with Russia, and a revival of Covid cases in China were among the factors weighing on the sentiment.
Tencent (TCEHY), Alibaba (BABA), China Construction Bank (CICHF), Baidu (BIDU), and Nio (NIO) are among the top Chinese businesses represented by the iShares MSCI China ETF (MCHI), which has lost 16 percent this year.
Beijing also noted last week that US and Chinese regulators have made “positive progress” in talks about US listings for Chinese Stocks. That may decrease concerns that companies like Alibaba and JD could be booted off US exchanges. The uptick in Covid cases in China may also push Beijing regulators to shift policy as they try to minimize some of the well-publicized supply chain woes that have hurt the Chinese economy and led to intensified inflation pressures in the US.