Investing.com investing.com 01 Jan, 2021 05:15 am

NYSE says starting process to delist 3 China telco companies By Reuters

NYSE says starting process to delist 3 China telco companies By Reuters
NYSE says starting process to delist 3 China telco companies

flag is seen on the New York Stock Exchange (NYSE) following Election Day in Manhattan, New York City NEW YORK (Reuters) -The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, China Telecom (NYSE: CHA ) Corporation Limited , China Mobile (NYSE: CHL ) Limited (HK: 0941 ) and China Unicom (NYSE: CHU ) (Hong Kong) Limited , it said in a statement https://ir.stocks in 2020: a year for the history books p By Chuck Mikolajczak NEW YORK (Reuters) - The year 2020 was a wild one for Wall Street, bookended by the end of the longest bull market in history with the battering of equities.investments in Chinese companies that Washington says are owned or controlled by the Chinese military, which could impact some of China's biggest companies https://www.The November executive order sought to give teeth to a 1999 law that mandated that the Department of Defense compile a list of Chinese military companies.

NYSE said that the issuers were no longer suitable for listing as the order prohibits any transactions in securities "designed to provide investment exposure to such securities, of any Communist Chinese military company, by any United States person.Each of the telecoms companies named by the NYSE also has a listing in Hong Kong.

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