NYSE to delist three Chinese telecom firms, reversing course again | Malay Mail

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NYSE to delist three Chinese telecom firms, reversing course again | Malay Mail
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NEW YORK, Jan 6 — The New York Stock Exchange said today it will delist three Chinese telecom companies from January 11, in another U-turn a day after US Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with its earlier decision to reverse the delistings. The latest move marks...

Wednesday, 06 Jan 2021 10:54 PM MYT

NEW YORK, Jan 6 — The New York Stock Exchange said today it will delist three Chinese telecom companies from January 11, in another U-turn a day after US Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with its earlier decision to reverse the delistings. The bourse had on Monday reversed a decision announced just last week to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd after consulting with regulators in connection with the US Treasury’s Office of Foreign Assets Control.

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