Beijing protests over move to delist Chinese telecoms firms from New York Stock Exchange

//Beijing protests over move to delist Chinese telecoms firms from New York Stock Exchange

Beijing protests over move to delist Chinese telecoms firms from New York Stock Exchange

China protested on Saturday over the US move to delist China’s three largest state-run telecoms groups from the New York Stock Exchange and said it will take the “necessary measures” to safeguard its companies’ interests.The NYSE said on Thursday it was starting the process of delisting China Telecom, China Mobile and China Unicom Hong Kong to comply with a Trump administration executive order issued in November that bars US investments in Chinese firms suspected of having ties to the Chinese…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-01-02T13:53:34+00:00 January 2nd, 2021|Headlines|Comments Off on Beijing protests over move to delist Chinese telecoms firms from New York Stock Exchange