Chinese companies vanish from world's top 10 by market cap

[Get Ya Wig Split]

Chinese companies vanish from world's top 10 by market cap

https://twitter.com/x/status/1473660412235161603

 

[beijingwalker]

Already existed for many days

Chinese companies vanish from world's top 10 by market cap

TOKYO -- Tencent Holdings and Alibaba Group Holding have dropped out of the global top 10 companies in market capitalization, new data shows, leaving no Chinese members on the list. https://asia.nikkei.com/Business/Markets/Chinese-companies-vanish-from-world-s-top-10-by-market-cap

defence.pk

 

[Get Ya Wig Split]

Already existed for many days

Chinese companies vanish from world's top 10 by market cap

TOKYO -- Tencent Holdings and Alibaba Group Holding have dropped out of the global top 10 companies in market capitalization, new data shows, leaving no Chinese members on the list. https://asia.nikkei.com/Business/Markets/Chinese-companies-vanish-from-world-s-top-10-by-market-cap

defence.pk

 

[F-22Raptor]

Chinese companies vanish from world's top 10 by market cap

https://twitter.com/x/status/1473660412235161603

China can never truly compete with the US if it’s private sector continues to get crushed.

 

[SaadH]

China can never truly compete with the US if it’s private sector continues to get crushed.

US can never be true democracy as long as corporations call all the shots.

 

[TigerOfMysore]

Chinese companies vanish from world's top 10 by market cap

https://twitter.com/x/status/1473660412235161603

Because in the larger scheme of things market caps mean nothing, and China is smart enough to realize that rampant Capitalism will eventually weaken a nation. By keeping Chinese corporate structures and their larger than life CEOs under some balance and control they'll make sure their companies don't become small states within a state and thereby start to effect national interest. I think this is what in the US an effective anti-trust and anti-monopolistic system ought to do (what is FTC and other fed orgs mandate), but has been de-toothed by special interests over the last 3+ decades much to the harm of US and US public interest.

 

[F-22Raptor]

Because in the larger scheme of things market caps mean nothing, and China is smart enough to realize that rampant Capitalism will eventually weaken a nation. By keeping Chinese corporate structures and their larger than life CEOs under some balance and control they'll make sure their companies don't become small states within a state and thereby start to effect national interest. I think this is what in the US an effective anti-trust and anti-monopolistic system ought to do (what is FTC and other fed orgs mandate), but has been de-toothed by special interests over the last 3+ decades much to the harm of US and US public interest.

US private sector is the lifeblood of the modern science and tech world. It’s where the vast majority of cutting edge technology is developed today.

 

[SaadH]

Because in the larger scheme of things market caps mean nothing, and China is smart enough to realize that rampant Capitalism will eventually weaken a nation. By keeping Chinese corporate structures and their larger than life CEOs under some balance and control they'll make sure their companies don't become small states within a state and thereby start to effect national interest. I think this is what in the US an effective anti-trust and anti-monopolistic system ought to do (what is FTC and other fed orgs mandate), but has been de-toothed by special interests over the last 3+ decades much to the harm of US and US public interest.

It is the exact reason why China has risen to the detriment of American national and strategic interests. If it wasn't for the American corporations selfishly looking to maximize their profits, obscene executive compensation and market access, American jobs wouldn't have been outsourced and technology transfer to China wouldn't have been possible.

America is a plutocracy hijacked by corporations, it is truly a corporate fascist state.

US private sector is the lifeblood of the modern science and tech world. It’s where the vast majority of cutting edge technology is developed today.

If you call fintech and marketing platforms cutting edge tech then sure...None of the US companies in the top 10 list above is doing any cutting edge tech.

 

[patero]

It is the exact reason why China has risen to the detriment of American national and strategic interests. If it wasn't for the American corporations selfishly looking to maximize their profits, obscene executive compensation and market access, American jobs wouldn't have been outsourced and technology transfer to China wouldn't have been possible.

America is a plutocracy hijacked by corporations, it is truly a corporate fascist state.

If you call fintech and marketing platforms cutting edge tech then sure...None of the US companies in the top 10 list above is doing any cutting edge tech.

Um, what?

 

[ARMalik]

I see a lot of foolish comments from people who just do not have a clue how this all works. Here is a hint for you --- Tesla is a $1-Trillion dollar company but its car sales are not even 10% of Toyota's. Why do you think that is?? Let me give you hint, specially to some dumb US Yankees. This is because Tesla's stock market price has sky rocketed due to speculation !! Its as nothing to do with productivity !!!

Just think about this for a second - a company Tesla whose actual production is PEANUTS compared to all the other car companies, has more STOCK MARKET PRICE THAN ALL OF THE CAR COMPANIES COMBINED !!!! One just cannot get any dumber than these yanks !

 

[Solidify]

Just coz the companies aren't listed/recognized by West don't mean they don't exist.

 

[F-22Raptor]

Um, what?

The idiocy on this forum knows no bounds. Just like the rube above who thinks dinosaur Toyota, whose light years behind in EVs and software, should be valued over Tesla

 

[ARMalik]

The idiocy on this forum knows no bounds. Just like the rube above who thinks dinosaur Toyota, whose light years behind in EVs and software, should be valued over Tesla

It is in the DNA of COMPLETE idiots to think that others are fools.

ON PAPER, I DECLARE MYSELF A BILLION-AIRE !!

 

[FairAndUnbiased]

The idiocy on this forum knows no bounds. Just like the rube above who thinks dinosaur Toyota, whose light years behind in EVs and software, should be valued over Tesla

In the real world people don't drive car company valuations. They drive cars.

BTW how's Tesla after that 30% haircut?

 

[Bilal9]

US private sector is the lifeblood of the modern science and tech world. It’s where the vast majority of cutting edge technology is developed today.

US private sector is also where zero tax is paid to US govt.

Companies like GE and Apple have paid next to Zero corporate Tax over the many years they have existed, AFAIK. Taking advantages of overseas investments and Tax havens to stash their money. You can Thank our Tax lawyers for this.

Thanks to these Tax lawyers and the Military industrial complex paying next to zero of their fair share and spending trillions in unneeded useless overseas belligerent involvements which did nothing but drain Govt. Money, now the US measures dead last in educational competitiveness and infrastructure. Perfect example of how to eff up a perfectly good country (an example to the world) by allowing unbalanced uneven-keeled capitalist excess.