Chinese buy up 60% of GM stock (regular, invasion, companies, economy)

[BentBow]

You and I could not buy this stock, but 60% was sold behind closed doors to Chinese investments. More of our money going out of our economy!


What is going on here?

Seriously??


What the hell is going on?

Do people not see our nations wealth and economy being sold off?

[Finn_Jarber]

Originally Posted by BentBow

You and I could not buy this stock, but 60% was sold behind closed doors to Chinese investments. More of our money going out of our economy!


What is going on here?

Seriously??


What the hell is going on?

Do people not see our nations wealth and economy being sold off?

Link please

[GregW]

How does this work? What kind of stock is involved? How could it be purchased without going to the stock market?

[legalsea]

Sounds like Chinese money flowed into our economy, since they purchased the GM stock.

I do agree that it is very difficult for an ordinary person to get in on an IPO, unless it is some crap company.

[workingclasshero]

Originally Posted by BentBow

You and I could not buy this stock, but 60% was sold behind closed doors to Chinese investments. More of our money going out of our economy!


What is going on here?

Seriously??


What the hell is going on?

Do people not see our nations wealth and economy being sold off?

no different that anything else

3/4 of holywood is owned by japan/china

our top selling appliance LG is korean (lg is Lucky Goldstar), yep the low quality brand of goldstar is now the top selling in america



say thank you to the globalist liberals

[Jaggy001]

So what ... US corporations regularly acquire foreign businesses (e.g. Kraft acquired Cadbury). It works both ways. Its called a global economy for a reason.

[burdell]

Originally Posted by Jaggy001

So what ... US corporations regularly acquire foreign businesses (e.g. Kraft acquired Cadbury). It works both ways. Its called a global economy for a reason.

The NeoConfusesd apparently only embrace globalism for invasion/occupation purposes and 'free market' when it's limited to their own narrow minded view of what constitutes 'free'.

[calmdude]

OP: the country is built on free markets. Even if the 60% claim is true (still waiting on the link someone asked for earlier), and you dont like it, you can pay more and buy the stocks back. Pretty simple.

[slackjaw]

I'm still waiting on a link, the only thing I founds was a reference to Chinese automaker buying a ONE PERCENT stake in GM.

[mohawkx]

GM's biggest emerging market is China. Buicks are Gold there. Before the IPO was even offered it was known that Shanghi Automotive was buying 1% of the stock at an estimated price of 500 million. China investing in US companies is a much better scenario than lending money to the Government. Don't you think?

BTW, Shanghi automotive is owned by the Chinese Gov.