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MarketFoolery

Will Chinese Stocks Be Delisted?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 21 May 2020

⏱️ 26 minutes

🧾️ Download transcript

Summary

Boeing shares rise on an upgrade. Mastercard becomes the latest big company to let employees work from home indefinitely. Keurig Dr. Pepper and Ruth’s Hospitality Group announce secondary offerings, sending shares down. Jim Gillies analyzes those stories and the potential for Chinese stocks being delisted in the U.S.

Transcript

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0:00.0

It's Thursday, May 21st. Welcome to Market Foolery. I'm Chris Hill. Joining me from the Great White North, the one and only Jim Gillies. Good to see you, my friend.

0:11.0

Good to be seen, Chris.

0:13.0

Yeah, it's kind of nice, it's less white, more sunny today, so that's a pleasant change.

0:18.2

We had snow last weekend.

0:20.2

Did you really?

0:21.3

We really did. Yeah, my kids learned a few words from their stepmom that I don't, well let's face it, they probably knew it beforehand, but she got up first and yeah, so there was that.

0:33.1

She's like, this is nonsense.

0:35.7

You know what, I'm glad the sun is melting the snow.

0:39.4

We've got some stock offerings we're going to talk about.

0:41.8

We've got more news on the

0:43.8

working from home front we're going to dip into the full mail bag one programming note

0:47.9

for the dozens of listeners out there a reminder that Monday is memorial day so there will not be an episode of Market Foolery next Monday.

0:56.0

We'll be back on Tuesday.

0:57.2

So hope everyone to the extent that you can enjoy a day off in this pandemic.

1:01.8

I hope everyone gets a little time off on Memorial Day.

1:04.7

Let's start with shares of Boeing that are up 7% this morning. Boeing got an upgrade

1:10.5

from one Wall Street firm,

1:12.7

RBC capital market says that Boeing's defense business

1:16.4

is undervalued.

1:18.0

You agree?

1:20.0

I think, I don't think I agree.

1:22.4

Actually, I have the RBC report here that would be of course Royal Bank of Canada

...

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