According to relevant media reports, in August this year, China Life took the lead in announcing that it would not only delist from NYSE, but also cancel its registration. After this incident, other companies followed in the footsteps of China Life. According to relevant data, five China companies, including China Life Insurance, announced the delisting of US stocks, mainly for three reasons. The first aspect is the ebb tide of globalization. The second aspect is the need of business development. The third aspect is the attractiveness of the China market. According to relevant information, this delisting will have three effects.
The first aspect is that this delisting will aggravate the ebb tide of globalization. Due to the low tide of globalization, five China companies, including China Life Insurance, announced their delisting from the US stock market. If the advantages of globalization are not so obvious, then many enterprises may take some measures to protect themselves. The second aspect is that this delisting will be beneficial to the development of these delisting companies. According to relevant data, this delisting will not only affect the normal development of enterprises, but also improve the ability of enterprises to cope with uncontrollable factors.
From this perspective, this delisting is not only conducive to the development of these delisting companies, but also conducive to these delisting companies to avoid risks. The third aspect is that this delisting will have an impact on the western market. Due to the delisting of large enterprises in China, the relevant western markets may be greatly affected. Due to the change of shares, it may bring about changes in the stock market. If the stock market changes, the interests of shareholders may also change. At any time, enterprises must put their own interests first.