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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.
CRCC units win rail contract in Thailand By ZHONG NAN | China Daily | Updated: 2020-12-19 07:27 Share CLOSE
Two subsidiaries of China Railway Construction Corp, the State-owned rail construction contractor, have won a $415 million contract to build civil engineering projects for the China-Thailand high-speed railway, the Beijing-headquartered group said in a statement. China Railway employees pave a road in Batang county, Sichuan province, in July. [Photo provided to China Daily]
Under the deal, the group s two contractors－China Railway 11 Bureau Group Co Ltd and China Railway 23 Bureau Group Co Ltd－will build construction projects spanning 39.79 kilometers, including railway beds, bridges and railway stations for the first phase of the 250-km-long line linking the Thai capital Bangkok and the northeastern province of Nakhon Ratchasima.
CWYCF - CHINA RAILWAY CONSTR Summary, Stock Quote and News benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.