Topics: Delisting• IPO• Stock Market• Reflections on the Delisting Saga In the last three years, the threat of forced delisting for Chinese companies publicly traded in the US was constant. Billions of market cap evaporated while the investment world waited to see if the Public Company Accounting Oversight Board (or PCAOB or the auditor
Topics: China• Stock Market• Charlie Munger• Dissecting the "Great Delisting" Last December, I wrote a rather provocative post called “Let the ‘Great Delisting’ Begin [https://interconnected.blog/let-the-great-delisting-begin/]”. That was when the SEC released its final specifications [https://www.sec.gov/news/press-release/2021-250] to implement the accounting compliance requirements outlined in the Holding
Topics: Alibaba• Charlie Munger• Open Source• Charlie Munger’s New Favorite: Alibaba It has been more than 440 days since Jack Ma’s infamous speech at the 2020 Bund Finance Summit. (We have the full speech translated in English, Chinese, and Japanese. It’s worth a read.) Since the speech, Alibaba’s stock tumbled by more