Chinese companies are transitioning to a different model to raise money by going public. When one of China’s concept stocks is delisted from the United States, it is then listed in Hong Kong or China. At the same time, the Chinese Communist Party (CCP) is working hard to present an image of economic prosperity to attract foreign investment. Experts believe that these moves are a trap set by the CCP to deceive overseas investors. On Dec. 22, China Mobile launched the IPO application process, expecting to be listed in China in January 2022. In addition, China Unicom, China Telecom, as well as China Mobile, the three major Chinese telecom operators that were delisted from the United States, have all transferred back to China for A-share listing. Didi, the Chinese version of Uber, which delisted its shares from the New York Stock Exchange under pressure from Chinese authorities, indicated that it …