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The New York Stock Exchange (NYSE) has reversed course again on three Chinese telecom giants. The exchange announced it would delist China Mobile, China Unicom and China Telecom after a recent executive order, but then it reversed that decision. Now the NYSE has changed its decision yet again and decided to delist the three Chinese telecom giants. Q3 2020 hedge fund letters, conferences and more NYSE changes course again on Chinese telecom firmsThe NYSE said last week that it would delist shares of China Mobile, China Telecom and China Unicom from trading to comply with an executive order from...
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The New York Stock Exchange has reversed its decision to delist major Chinese telecom companies. The exchange said after “further consultation with relevant regulatory authorities,” the three Chinese telecom companies will continue to be traded there “at this time.” Q3 2020 hedge fund letters, conferences and more NYSE reverses course on Chinese telecom firmsAccording to CNN, the NYSE announced plans to delist three of the biggest Chinese telecom companies a few days ago. The affected companies were China Mobile, China Unicom and China Telecom. Exchange officials said the move was to comply wi...
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