Larry Fink, CEO of BlackRock, the world’s largest money management company, said: “Markets don’t like uncertainty. Market likes actually totalitarian governments where you have an understanding of what’s out there…”
So it’s no surprise that China’s best-known tech companies decided to list on American Exchanges, where investor demand always outstrips stock supply. As of May 2021, the U.S.-China Economic and Security Review Commission said there were 248 Chinese companies listed on U.S. Exchanges with a total market capitalization of $2.1 trillion.