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NDAQ - Chinese Stocks will Soon Struggle in American Markets
Nasdaq Inc.
Do you own shares in Chinese stocks Baidu(NASDAQ: BIDU), Alibaba(NYSE: BABA), or perhaps JD.com(NASDAQ: JD)?
If you do, enjoy them while they last. On Wednesday, the U.S. Senate passed -- unanimously -- a bill that aims to ban IPOs by Chinese companies on U.S. stock markets, and that could even force Chinese companies already listed on the Nasdaq and NYSE to delist their shares and exit the U.S.