---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/dolphin/post/44974373.md"
description: "Is this retroactive taxation effectively a large-scale fiscal clawback of equity assets?If half of the payment ends up being funded by selling stock to raise cash, that amounts to a market-wide liquidity squeeze, and it would not bode well for China ADRs.$Krne Csi China Internet(KWEB.US)"
datetime: "2026-11-11T10:46:44.000Z"
locales:
  - [en](https://longbridge.com/en/dolphin/post/44974373.md)
  - [zh-CN](https://longbridge.com/zh-CN/dolphin/post/44974373.md)
  - [zh-HK](https://longbridge.com/zh-HK/dolphin/post/44974373.md)
author: "[Dolphin Research](https://longbridge.com/en/dolphin.md)"
generator: "portal-rs"
---

# Is this retroactive taxation effectively a large-s…


### Related Stocks

- [KWEB.US](https://longbridge.com/en/quote/KWEB.US.md)
- [KWEB.UK](https://longbridge.com/en/quote/KWEB.UK.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**