Why You Can't Ignore These 5 Nasdaq Stocks
Investors were in a downbeat mood to start the holiday-shortened week. The Nasdaq Composite (NASDAQINDEX: ^IXIC) had fallen about half a percent on Tuesday afternoon as of 1 p.m. EDT, and other major market benchmarks were down even more sharply.
One thing that investors might not realize is that even though the Nasdaq is a U.S. exchange, it hosts plenty of stocks of foreign companies. Today, market participants started to worry again about Chinese stocks listed on U.S. stock markets, particularly in light of steps that Chinese authorities are taking in an effort to maintain their control over China's economy and its role across the globe.
The Chinese government said it would tighten the guidelines under which its domestic companies can trade shares on overseas stock exchanges. In particular, investors can expect closer looks from regulators at Chinese companies seeking to do initial public offerings on exchanges outside China.
Source Fool.com
