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Xie Jinhe believes that 2021 is approaching and Trump’s murderous stunt will continue to affect the world economy. Image: retrieved from Trump’s Twitter (profile photo)
The United States is about to rotate its political parties and the world is concerned about the future direction of American policies. In this sense, Xie Jinhe, president of Caixin Media, said on Facebook that 2021 is approaching and that the murderous tricks used by the president of the United States, Trump, will continue to affect the global economy. He said that the US presidential elections are over. Biden, the president-elect of the United States, announced his victory, while Trump appealed to legal proceedings, hoping to return. However, even if Trump is forced to leave the White House and Trump establishes the anti-China network, even if Bi comes to power, it can be difficult to change course.
According to Xie Jinhe’s analysis, one is the companies that Trump banned and were included in the list. As of January 11 of next year, institutional legal persons and natural persons cannot have shares in these companies. If they already have shares, they must do so within a year. Clarifying, this will greatly affect the investment of fund companies in Chinese companies next year. These include companies known for having a history of the Chinese People’s Liberation Army, including China Mobile, China Unicom, China Telecom, CRRC and China Aviation Industry. These funds released from China-funded companies will inevitably have a huge impact on the disposition of institutional investors next year. TSMC’s ADR, which stood at $ 100 in the past two days, is likely to benefit from this effect.
Xie Jinhe went on to point out that Trump’s tech war and restrictions on Huawei have led to a significant decline in Huawei’s mobile phone market share, and even Huawei was forced to sell glory, hoping to diversify risks. . SMIC has been defeated, which has led to the transfer of orders, and UMC has become the biggest winner. Over the last year, the UMC ADR share price has risen from $ 1.64 to $ 7.5, an increase of 357%. Taiwan has become the world’s leading semiconductor industry group. This wave of semiconductor manufacturing stock prices rose dramatically and the market value skyrocketed. The strength of each company has increased significantly and further consolidated the competitiveness of Taiwan’s semiconductor industry. TSMC has been in the lead so that their opponents cannot see the taillights of cars. This is a rare experience in Taiwan for decades. Casual encounter.
Xie Jinhe finally emphasized that Trump has positioned the situation between the United States and China well, and it may be difficult for Biden’s team to get off this path. Recently, former Federal Reserve (Fed) chairman Yellen may be nominated as Secretary of the Treasury, and he also promised to continue to allow America Greater. Xie Jinhe believes that 2021 is coming, and Trump’s murderous stunt will continue to affect the global economy.
The United States is about to rotate its political parties and the world is concerned about the future direction of American policies. In this sense, Xie Jinhe, president of Caixin Media, said on Facebook that 2021 is approaching and that the murderous tricks used by the president of the United States, Trump, will continue to affect the world economy. He said that the US presidential elections have ended. Biden, the president-elect of the United States, declared his victory, while Trump appealed to legal proceedings and hoped to return. It seemed difficult. However, even if Trump is forced to leave the White House and the anti-China networks established by the Sichuan Palace, even if Bi is on stage, it can be difficult to change course.
Xie Jinhe emphasized that Trump has positioned the situation between the United States and China well, and it may be difficult for Biden’s team to get off this path. Recently, former Federal Reserve (Fed) chairman Yellen could be nominated as Secretary of the Treasury. He also promised to continue to make America cooler. Xie Jinhe believes that 2021 is approaching and Trump’s murderous stunt will continue to affect the world economy.
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