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New York Stock Exchange May Move Ahead With Plans to Delist Chinese Companies - Report


New York Stock Exchange May Move Ahead With Plans to Delist Chinese Companies - Report
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REUTERS / ANDREW KELLY
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Sputnik International
https://sputniknews.com/business/202101061081663396-new-york-stock-exchange-may-move-ahead-with-plans-to-delist-chinese-companies -report/
In light of a November executive order signed by US President Donald Trump, the New York Stock Exchange (NYSE) recently briefly decided to delist three Chinese telecommunication companies from its listing before reverting its decision. However, new reports suggest the exchange may be changing its mind once again.
The NYSE is reportedly considering going forward with its original plans to delist three major Chinese companies after US Treasury Secretary Steven Mnuchin allegedly reached out to a top official. ....

White House , District Of Columbia , United States , Larry Kudlow , Robert Obrien , Steven Mnuchin , National Economic Council , Office Of Foreign Assets , Oval Office , China Mobile Ltd , China Unicom Hong Kong Ltd , China Telecom Corp , Chinese Securities Regulatory Commission , Secretary Steven Mnuchin , Bloomberg News , Stacey Cunningham , White House Chief , Staff Mark Meadows , Roberto Brien , National Economic Council Director Larry , China Telecom , China Unicom Hong Kong , Foreign Assets , Fox Business , New York Stock Exchange , Executive Order ,

NYSE Could Flip a Third Time on Delisting Plans for 35 Chinese Companies


NYSE Could Flip a Third Time on Delisting Plans for 35 Chinese Companies
An executive order says U.S. purchases of military-linked Chinese companies must stop by January 11, including three of the world s top-20 telecoms.
What is going on at the New York Stock Exchange?
The NYSE said on New Year s Eve that it would delist China s three main mobile-phone companies: China Mobile (CHL) , China Telecom (CHA) , and China Unicom (CHU) .
Then, late on Monday night, the exchange said it wouldn t do that. It had a change of heart.
Now, as I write, we re getting word that they may move to delist them again. Investors will have whiplash, not to mention a headache making any sort of sense out of a portfolio that contains those stocks. ....

United States , Hong Kong , White House , District Of Columbia , Larry Kudlow , Stacey Cunningham , Steve Mnuchin , York Stock Exchange , National Security Advisor Robert Obrien , National Economic Council , Treasury Department , New York Stock Exchange , China Telecom , New York Stock , New Year , China Mobile , China Unicom , Big Board , Eli Lilly , Secretary Steve Mnuchin , Treasury Secretary , Staff Mark Meadows , National Security Advisor Roberto Brien , National Economic Council Director Larry , Communist Party , President Biden ,

EconomicPolicyJournal.com: The Latest Episode in Destructive Anti-China Policy: NYSE Reverses Reversal


Wednesday, January 6, 2021
Well, this is quite the roller coaster ride.
The New York Stock Exchange announced on Jan. 5 that it was halting plans announced four days earlier to halt trading and the delisting process for China s three largest telecom companies. The exchange said that the decision was made after discussions with regulators about the November 2020 executive order banning U.S. investment in such companies. 
Now, the NYSE says it is reversing its reversal after Treasury Secretary Steven Mnuchin criticized the decision to grant the companies a reprieve.
Bloomberg provides the background:
The NYSE’s [second] pivot follows a whirlwind 18 hours in which the exchange caught U.S. officials off guard, with the exasperation reaching the highest levels of the Trump administration. The back-and-forth also sowed deep confusion within global financial markets about the policy that set off the remarkable chain of events: an order signed by President Donald Tr ....

White House , District Of Columbia , United States , Larry Kudlow , Peter Navarro , Michael Pompeo , Stacey Cunningham , Steven Mnuchin , Joe Biden , National Security Adviser Robert Obrien , York Stock Exchange , National Economic Council , Group Inc , China Mobile Ltd , China Unicom Hong Kong Ltd , China Telecom Corp , New York Stock Exchange , Treasury Secretary Steven Mnuchin , President Donald Trump , President Stacey Cunningham , China Telecom , China Unicom Hong Kong , Big Board , Staff Mark Meadows , National Security Adviser Roberto Brien , National Economic Council Director Larry ,

Trump squeezes Republicans with eye on 2022 primaries


POLITICO
Trump squeezes Republicans with eye on 2022 primaries
The president is lashing out at Republicans he sees as disloyal and the GOP is seeing how Trump s interests can diverge from the party s.
Georgia Gov. Brian Kemp is up for reelection in 2022 but has come under heavy criticism from President Donald Trump for not bending to his calls to overturn the election results. | Alex Brandon/AP Photo
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President Donald Trump has instructed his top political advisers to begin monitoring potential 2022 GOP primary targets, as he lashes out at fellow Republicans whom he deems disloyal.
With less than a month until Trump leaves office, his team has begun mapping out what his post-White House political infrastructure will look like. Until now, the planning has centered on deploying resources to defeat Democrats in midterm races. But advisers are now also keeping tabs on Republican incumbents. ....

United States , South Dakota , South Carolina , White House , District Of Columbia , Brian Kemp , Mike Dewine , Kris Kobach , Larry Kudlow , Jeff Colyer , Kristi Noem , Doug Ducey , Brooke Rollins , Joe Biden , Mark Sanford , Ron Desantis , Laura Kelly , Doug Collins , Lisa Murkowski , Republican Party , Senate Republicans , National Economic Council , Georgia Senate , Senate Majority Whip John Thune , Electoral College , Senate Majority Leader Mitch Mcconnell ,