NYSE to again delist 3 Chinese telecom companies
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The New York Stock Exchange reversed itself for a second time Tuesday and said it will delist three China companies Monday. Photo by John Angelillo/UPI | License Photo
Jan. 6 (UPI) The New York Stock Exchange will delist three Chinese telecommunications companies, after all, reversing itself a second time in a head-spinning move after pressure from the Trump administration.
The exchange said Wednesday it made it reversal after new specific guidance from the Treasury Department s Office of Foreign Assets Control. That guidance means trading in shares of China Mobile Ltd., China Telecom Corp. and China Unicom Ltd. will end Monday.
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sina.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com.tw Daily Mail and Mail on Sunday newspapers.