Cramer Remix: If you absolutely have to dabble in Chinese stocks, stick with this one

Cramer Remix: If you absolutely have to dabble in Chinese stocks, stick with this one

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/28/cramer-remix-if-you-have-to-buy-a-chinese-stock-stick-with-alibaba.html

Chinese stocks, especially ones that are new to U.S. markets, may seem like appealing investments, but to CNBC's Jim Cramer, most of them aren't worth the risk.

In 2018, 31 Chinese companies had initial public offerings on U.S. stock exchanges, up from 12 the year before. The 2018 deals raised about $8.5 billion in gross proceeds, accounting for roughly 18 percent of the U.S. IPO market.