Apr. 30 at 3:11 PM
$IZM For forward thinkers: In 2024 and 2025, about 200 Chinese/HK/Macau/Malaysian/Singaporean small caps were IPOed in the major U.S. markets.
That was an overloading of the market for all the participants, institutional and bigger investors, but especially for the small ones and the traders of these stocks.
But, by last September, the IPO terms have been much stricter. Check the last three months, for example. There is not even one such IPO completed.
These changes do not retroactively affect already-listed companies, but raise the bar substantially for new ones. Many small Chinese firms have shifted focus to Hong Kong or domestic exchanges instead.
Plus, the number of them has already started to decrease, as those with crappy fundaments delist one by one.
It is obvious that this will make more valuable the decent listed Chinese smallcaps.
Beyond IZM, other such strong fundamentally stocks are
$WETH $CNEY $WIMI etc., all also evaluated by their dilution action in the past.
