This is rather interesting...
Wall Street the other day decided to NOT delist the chinese companies as ordered by Trump’s EO.
Today after contact by the US Treasury, they have now changed their minds and effective Jan 11, they will indeed delist the three telcoms.
What got into them hmmm?
https://www.cnn.com/2021/01/06/investing/nyse-china-stocks-reversal/index.html
News you can use...
NYSE: We’re not de-listing the red chinese
Treasury Dept: How would you like to have your whole exchange de-listed?
NYSE: Perhaps something can be arranged.
After contact with the US Treasury? I though the head of the Treasury (Mnuchin?) was a good guy. WTH?
More insurrection.
Woah, quick about-face by Wall Street!
Professional wrote:
“This is rather interesting...
Wall Street the other day decided to NOT delist the chinese companies as ordered by Trump’s EO.
Today after contact by the US Treasury, they have now changed their minds and effective Jan 11, they will indeed delist the three telcoms.
What got into them hmmm?
https://www.cnn.com/2021/01/06/investing/nyse-china-stocks-reversal/index.html
News you can use...”