The disappearance of Chinese listings from the U.S. could have tremendous financial consequences. When ranked by value, the biggest 200 Chinese American Depository Receipts have a market capitalization of $951 billion, according to July calculations by investment bank Macquarie.Sounds like a false worry.The firms aren't going away, just a place to trade the shares.That won't exactly rock the world economy.For those firms which have only a single listing location, I can seea lot of unhappy campers among those owning shares which are suddenly private.It's not something you want, of course, but a good rule of thumb is never to own shares in a firm you wouldn't be OK with owning as a private shareholder.Never go into a room that you'd dislike getting locked into.Jim
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