China securities regulator says NYSE delistings ‘politically motivated’, will have ‘limited’ impact

//China securities regulator says NYSE delistings ‘politically motivated’, will have ‘limited’ impact

China securities regulator says NYSE delistings ‘politically motivated’, will have ‘limited’ impact

China’s securities regulator on Sunday said New York Stock Exchange (NYSE) plans to delist three Chinese telecoms firms are “political” and that the impact will be “limited”.The NYSE on Thursday said it would delist China Mobile, China Unicom Hong Kong and China Telecom following President Donald Trump’s move in November to bar US investment in 31 firms that Washington says are owned or controlled by the Chinese military.The China Securities Regulatory Commission, in a question and answer…

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By | 2021-01-04T01:49:19+00:00 January 4th, 2021|Headlines|Comments Off on China securities regulator says NYSE delistings ‘politically motivated’, will have ‘limited’ impact