On Tuesday, it was reported that Treasury Secretary Steven Mnuchin intervened in the saga, saying he disagreed with the exchange's decision to not move forward with the delisting, despite originally saying it would. The move came just days after the NYSE said it had begun the process on Thursday of delisting the securities of China's three largest telecommunications companies in response to an executive order by President Trump in November, which prohibits "any transaction in publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities, of any Communist Chinese military company."