Business
US decides against delisting Tencent and other Chinese giants
There has been no shortage of commentators telling ASX and international investors about the merits of investing in China.
China is the world’s second-largest and most populous economy. As such, China has been climbing its way up investors’ watch-lists in recent years. In no doubt helped by the stellar performance of some of its biggest companies.
US-based tech companies like Tesla Inc (NASDAQ: TSLA), Alphabet Inc (NASDAQ: GOOGL)(NASDAQ: GOOGL), Amazon.com, Inc (NASDAQ: AMZN) and Netflix Inc (NASDAQ: NFLX) are arguably still more popular with Aussie investors. Even so, it’s fairly safe to say that Chinese companies have worked their way into the ASX investor conscience.
Aussie investors are probably familiar with one of…
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