Re:Arm China Has Gone Rogue
by justicezyx on Friday August 27, 2021 @08:59PM
(#28334592)
Nonsense
Arm China was set up because they want to be listed on the Shanghai Star board, the Chinese Nasdaq. If Arm just want to do business in China, it's totally OK to have fully owned subsidiary.
And this whole setup was in turn from Softbank's acute sense that Arm China will be given a lofty valuation because of the tech wars happening right now...
And for all are happening right now, it's because Mr. Wu learned how to manuvurer based on his own interests. The Chinese investors are actually not directly benefiting from this mess.
Arm China was set up because they want to be listed on the Shanghai Star board, the Chinese Nasdaq. If Arm just want to do business in China, it's totally OK to have fully owned subsidiary.
And this whole setup was in turn from Softbank's acute sense that Arm China will be given a lofty valuation because of the tech wars happening right now...
And for all are happening right now, it's because Mr. Wu learned how to manuvurer based on his own interests. The Chinese investors are actually not directly benefiting from this mess.