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NYSE says it will no longer delist three Chinese telecom giants
CNBC ^
| 01/04/2021
| Christine Wang
Posted on 01/04/2021 7:49:43 PM PST by Skywise
The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants.
In a late Monday statement, the NYSE said it dropped the plans after "further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control."
Hong Kong-listed shares of China Telecom, China Mobile and China Unicom rallied after news of the reversal.
The announcement comes after the NYSE said on Dec. 31 that it would move to delist American depositary shares of China Telecom, China Mobile and China Unicom.
The exchange had originally planned to drop those listings in order to comply with an executive order that President Donald Trump signed in November. That order sought to bar American companies and individuals from investing in firms that the Trump administration alleged aid the Chinese military.
(Excerpt) Read more at cnbc.com ...
TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections; US: New York
KEYWORDS: china; chinamobile; chinatelecom; chinaunicom; cmonman; comeonman; communism; delisting; eatingourlunch; harrisbiden; hongkong; hunterbiden; nyse; pla; redchina; tds; treason
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Biden already selling us out to the communists.
1
posted on
01/04/2021 7:49:43 PM PST
by
Skywise
To: Skywise
Well how convenient. The war is about to get hot.
2
posted on
01/04/2021 7:51:43 PM PST
by
Phillyred
To: Skywise
“Relevant regulatory authorities”. Who are they? Who’s pulling strings for china?
3
posted on
01/04/2021 7:52:04 PM PST
by
virgil
(The evil that men do lives after them )
To: Phillyred
To: Phillyred
What war?? China will roll in here just like Tibet. The UN will declare the world borderless and we will double in population in a month under Biden/Harris.
5
posted on
01/04/2021 7:53:50 PM PST
by
BipolarBob
(It's 2021 in the year of our Covid.)
To: virgil
> “Relevant regulatory authorities”. Who are they? <
They are the guys making $65,000 a year who suddenly have the money to buy a new car and a fancy summer home by the lake.
6
posted on
01/04/2021 7:55:06 PM PST
by
Leaning Right
(I have already previewed or do not wish to preview this composition.)
To: Skywise
OFAC prohibits trade with hostile foreign nations like North Korea, Cuba, Somalia and other enemy nations.
Apparently the USA is hunky-dory with China now
7
posted on
01/04/2021 7:55:20 PM PST
by
Responsibility2nd
(I will not rest until the American People have the honest vote count they deserve. DJT 11-07-20)
To: Skywise
CNBC celebrates a victory for the PLA of china.
No surprise there.
“Show me where a man gets his cornpone and I’ll tell you what his opinions are”- Samuel Clements.
8
posted on
01/04/2021 7:57:44 PM PST
by
mrsmith
(US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
To: Skywise
Kelly Loeffler's HUSBAND is the Chairman of the NYSE.
Is this a last-minute deal to save her seat?
Makes perfect sense if you think the world is as fundamentally-corrupt as I do.
9
posted on
01/04/2021 7:59:37 PM PST
by
montag813
10
posted on
01/04/2021 8:01:34 PM PST
by
Gene Eric
(Don't be a statist!)
To: Skywise
Biden already selling us out to the communists. Deserves big font.
11
posted on
01/04/2021 8:01:51 PM PST
by
ifinnegan
(Democrats kill babies and harvest their organs to sell)
To: Skywise
12
posted on
01/04/2021 8:01:54 PM PST
by
DoughtyOne
(Buzzards circling over six states. Leftists looking more like dead game every day.)
To: Skywise
Shocked!
Snicker...
13
posted on
01/04/2021 8:02:20 PM PST
by
SuperLuminal
(Where is Sam Adams now that we desperately need him)
To: Skywise
Translation: we got the money, xinnie the pooh.
14
posted on
01/04/2021 8:02:20 PM PST
by
Darksheare
(Those who support liberal "Republicans" summarily support every action by same. )
To: Skywise
“... further consultation with relevant regulatory authorities”
“Biden? Xi here. Do NOT delist those companies.”
15
posted on
01/04/2021 8:03:39 PM PST
by
ProtectOurFreedom
("Inside Every Progressive Is A Totalitarian Screaming To Get Out" -- David Horowitz)
To: montag813
Kelly Loeffler’s HUSBAND is the Chairman of the NYSE.
Is this a last-minute deal to save her seat?
Makes perfect sense if you think the world is as fundamentally-corrupt as I do.
—
That sounds crazy, and in this world, completely possible.
To: Skywise
17
posted on
01/04/2021 8:34:03 PM PST
by
Theoria
(I should never have surrendered. I should have fought until I was the last man alive)
To: Skywise
Many of us were writing before November 3 that the election would determine whether the Republic would ultimately survive China.
So it begins.
18
posted on
01/04/2021 8:34:15 PM PST
by
nathanbedford
(attack, repeat, attack! Bull Halsey)
To: montag813
19
posted on
01/04/2021 8:37:46 PM PST
by
proust
(Justice delayed is injustice.)
To: nathanbedford
China can not afford to step into the shoes of America’s post WW2 empire.
No one can.
The goal is to get us to pretend we can. And to waste our fortune doing that.
Every empire, such as was forced on us after WW2, is devoured by it’s ‘allies’’ if it doesn’t leave under it’s own terms.
20
posted on
01/04/2021 8:49:26 PM PST
by
mrsmith
(US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
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