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In this file photo taken on December 09, 2020 the Wall Street sign at the New York Stock Exchange (NYSE) is seen in New York City. Angela Weiss / AFP
The New York stock exchange has begun the process of delisting three Chinese telecoms companies as it seeks to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military.
It comes as relations between the world’s two biggest economies spiral downwards over sore points ranging from trade and the coronavirus to Hong Kong and Xinjiang.
Trading in China Mobile Communications, China Telecommunications Corp and China Unicom (Hong Kong) Limited will end within the next week, subject to transactions being settled, the exchange said in a statement Friday.
New York stock exchange delists Chinese telecoms firms » Borneo Bulletin Online borneobulletin.com.bn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from borneobulletin.com.bn Daily Mail and Mail on Sunday newspapers.
New York Stock Exchange Starts Delisting Chinese Telecom Firms New York Stock Exchange Starts Delisting Chinese Telecom Firms It comes as relations between the world s two biggest economies spiral downwards over sore points ranging from trade and the coronavirus to Hong Kong and Xinjiang.
Trading in the three Chinese telecom companies will end within the next week.
New York:
The New York stock exchange has begun the process of delisting three Chinese telecoms companies as it seeks to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military.
It comes as relations between the world s two biggest economies spiral downwards over sore points ranging from trade and the coronavirus to Hong Kong and Xinjiang.
Press Release - Poe to Dito: Prove worthy of franchise renewal senate.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from senate.gov.ph Daily Mail and Mail on Sunday newspapers.
December 11, 2020 | 12:09 am Font Size
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AT LEAST NINE former military officers have joined Dito Telecommunity Corp., a company official said Thursday, amid concerns over its partnership with a Chinese state-owned telecommunications firm.
Retired Col. Roleen del Prado currently leads the telco startup’s cybersecurity operations team, Dito Chief Technology Officer Rodolfo D. Santiago, also a retired military general, said at a virtual briefing.
“We regard him as the best in terms of cybersecurity… I was able to convince him to retire early and join Dito to lead our cybersecurity operations,” he added.
Mr. Santiago added that a “minimum of nine” former military officers currently work for Dito.