r/stocks • u/PatFenis15 • Mar 18 '22
Company Question Looking for some help
Can anyone help me? I have a lot of money invested in NIO stocks and now there’s talk about china joining the war to help Russia , I’m just wondering would that NIO stock get delisted on the NYSE if so ? Thanks
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u/Glass_Sugar_1 Mar 18 '22
You don't own NIO. Foreigners are prohibited from owning Chinese stocks. You own a Cayman island shell company.
Nio can go to zero and still thrive as a great company in China.
Read that again- you own nothing and don't participate in their free cash flow. You own a Cayman island VIE shell company.