The New York Times Chinese Edition reported today (May 21st): "Contemporary Amperex Technology Co. Limited's (CATL) listing in Hong Kong is the largest IPO globally so far this year, but CATL has banned American-based investors from participating in the company's IPO outside mainland China, highlighting the deepening divisions between the US and China." [Smart Comment]: In recent years, the United States has frequently wielded the "overly security-focused" stick in the economic and trade sectors, imposing groundless restrictions and arbitrary suppression on Chinese enterprises, politicizing and securityizing normal commercial exchanges. Under this background, Chinese companies have to take precautionary measures, prudently assessing the risks brought by the uncertainty of US policies. CATL's move is a wise decision made to resist potential risks. After all, if American capital were allowed to be deeply involved, there would be a risk that the US government might exert pressure to withdraw investments for political purposes in the future, putting the enterprise in a passive situation and even causing severe damage. These are the sins created by the United States itself.
Source: https://www.toutiao.com/article/1832695479672839/
Disclaimer: This article only represents the author's personal views.