By order from above, the SpaceX IPO was unavailable to Chinese investors whether from HongKong or Shanghai. This clear indication that the treasury Dept., The White House; Homeland Security, and the State Dept. are squeezing Chinese foreign investments.
This widely publicized stock offering by Elon Musk's company set a record for numbers starting with volume and price. Many retail investors were shut out completely ; many insiders were gleefully counting their good fortune to be an insider, seeing long awaited pricing for their paper holdings over the last 15 years. Many fortunes will be made, some now, some later.
And then there's Elon. His wealth is hard to comprehend. Oh, well. He makes a lot of people wealthy, that's for sure. But not the Chinese.
No comments:
Post a Comment