Last week, Charlie Gasparino started a firestorm rumor that as part of the US assault against China's capital markets - all part of the ongoing trade war - the Trump admin would respond to Beijing's sales of Treasuries by delisting Chinese stocks.
Sources: Trump Administrative is moving toward a possible delisting of Chinese public co shares on US exchanges. Sources: Incoming SEC chair Paul Atkins likely to take up delisting issue when he officially takes office. Sources: Delisting possibility comes amid trade war with…
— Charles Gasparino (@CGasparino) April 10, 2025
A few days later, this rumor took on a life of its own, and amid a barrage of media reports (including WSJ and Bloomberg) that the White House is seriously contemplating delisting Chinese stocks, even Treasury Secretary Scott Bessent, asked about delisting companies, said all options are “on the table” in trade negotiations with China.