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To challenge American interests is to challenge the interests of workers, consumers and investors around the world. Investors from all over the world can open accounts in the United States to freely invest in U.S. stocks and U.S. bonds. Companies from all over the world can freely issue stocks and other securities in the United States. The United States purchases products from all over the world and shares its own technology and knowledge with all countries in the world. The Chinese Communist Party(CCP) prevents Chinese people from investing freely in U.S. stocks, and the CCP hinders the free listing of Chinese companies in the United States by blocking US PCAOB's access to auditors' working papers. It is only natural to overthrow the CCP.
The cash flow of goods sold allows Chinese companies to pay wages to Chinese workers. The U.S. trade deficit with China clearly illustrates that the U.S. provides Chinese companies with net sales cash inflows, while China simply adds to the overall U.S. cash outflow and trade deficit. The investment of American companies in China (deficit under the capital account for the USA) and the creation of employment also show that China's employment depends on the United States. The CCP of Xi Jinping, who goes against the United States, is a traitor of China.
If capital asset pricing model is used to price the shares of China the entire A-share and H-share, Rf = the maturity yield of the farthest maturity US Treasury bond, ERm is the expected return rate of the global market, Xi Jinping aids Russia, and forms an alliance with Putin, resulting in risk factor β souring.The discount rate ERi used for pricing continues to rise, and the embedded value =
Σ the cash flow in the t-th year in the future / (( 1+ERi)^t), keeps falling.
The CCP is fooling the leek to take over again, "Hong Kong stock market has the lowest price net assets ratio, A-shares are the third cheapest, and the financial stock PE ratio is only half of the US stock market." Price-to-book ratio = market value / net assets, price-earnings ratio = market value / net profit attributable to the parent company, net assets and net profit are calculated by accounting, and the financial fraud of A-share and H-share listed companies is serious, especially after Hong Kong lost self-governance status. The more false the net assets and net profit are, the lower the price-to-book ratio and price-earnings ratio are.Regarding cash flow based pricing model, cash flow could be manipulated through related party transactions as Chinese state-owned companies intentionally omitted related party transactions with Chinese governments and other state-owned entities. Such as Here. Here
In view of the losses caused by Huanghai brand tires to the Russian army, Xi Jinping, chairman of the Central Military Commission of the CCP, signed an order to issue the "Interim Regulations on the Supervision and Administration of Military Equipment Procurement Contracts", which will take effect on March 20. This is just cramming, thinking that the procurement internal control system can be built and operated effectively in the short term, but internal control also needs the support of corporate culture. A good corporate culture should not let Xi Jinping be the chairman of the Military Commission. The CCP system is doomed to defeat the CCP.
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