$NIO Inc.(NIO)$U.S. SEC begins rollout of law aimed at delisting Chinese firms. Any stocks listed in US with affiliation to the government will be kickout from the US stock market. Unless Biden do something, this will seriously hurt all stocks from China as even board members whom are associated with the China government need to be announce to them. Will China just take this hit? A risky bet, better run now while it is still early. This newswas announced like around time market open and everything went to hell. More might fall. Investors beware.
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