InvestorQ : Is it true that Mukesh Ambani and the Jio Platform listing could benefit the Sino-US standoff?
Dhwani Mehta made post

Is it true that Mukesh Ambani and the Jio Platform listing could benefit the Sino-US standoff?

Answer
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Khushi Patel answered.
4 months ago


Interesting, that is a distinct possibility that Mukesh Ambani and the Jio Platforms listing could benefit from the recent standoff between the US and China.

Already, some of the US listed Chinese technology firms like JD.com, Baidu and even Net Ease are looking for an alternative market closer to Mainland China.

Alibaba already held a secondary listing in Hong Kong in November. If the US puts sanctions on Chinese companies listed in the US, it could be a boon for RIL. With Chinese companies gone from the US, investors may look at other high growth Asian proxies and Jio Platform could offer the perfect option.

In the process, Jio platforms may get reach and valuations unimaginable in an India listing.