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Year of the Ox: Bullish for China?
The Year of the Ox looks bullish for China with economists and analysts forecasting GDP growth of 8.1% and earnings growth of 18% for the MSCI China Index. But February holds key developments for China that could impact this outlook, including stock delistings, trade, and COVID-19. Delistings The NYSE may send valentines to China. The week of February 14 is the earliest that Chinese companies delisted by the NYSE on January 11 can be reviewed for re-listing, removing the trading ban. At the end of December, the NYSE announced it would delist the U.S. traded ADRs that track the underlying stock listings of China ... (full story)