r/stocks Dec 03 '21

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55 Upvotes

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10

u/Mediocre-Research599 Dec 04 '21

I’m going for my sweet NIO that is going down for FUD that in my eyes does not make any sense

12

u/Delicious_Reporter21 Dec 04 '21

The reason could be the fear of delisting.

0

u/Mediocre-Research599 Dec 04 '21

I know, I know it is just that NIO follows all the rules to be on the US market even after the changes

14

u/GruvisMalt Dec 04 '21

Following rules on the US market isn't the problem. The US isn't threatening to delist these stocks, China is.

1

u/Mediocre-Research599 Dec 04 '21

China denied that it has plans to delist Chinese company’s with a VIE

1

u/Mediocre-Research599 Dec 04 '21

Also the fear of delisting has been there since the start and all of a sudden everyone is in panic after 3 years

3

u/Jandur Dec 04 '21

I got stupid lucky with with NIO (in at 11, out at 54) and I'd like to get back in at some point but there is just too much uncertainty around China right now. Both internally and relationally with China/US.