The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies on Monday, reversing a decision that further dented already strained relations between the world’s two superpowers
NYSE delists Chinese firms
January 2, 2021
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.
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.
Акции китайских компаний подорожали на $5 трлн в 2020 году kursiv.kz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kursiv.kz Daily Mail and Mail on Sunday newspapers.
New York stock exchange delists Chinese telecoms firms
Posted : 2021-01-01 18:40
Updated : 2021-01-01 18:40
In this July 9, 2020, file photo, the Fearless Girl statue stands in front of the New York Stock Exchange in New York. AP
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.
Channels Television
Updated January 1, 2021
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.