Latest Breaking News On - China unicorn - Page 3 : comparemela.com

US crippling its financial dominance by elbowing out Chinese telcos: experts Xie Jun Published: May 09, 2021 07:34 PM A China Mobile employee adjusts and tests 5G base station equipment at Tongling Railway Station in East China s Anhui Province on April 27. Photo: cnsphoto Three Chinese telecom giants have announced that they expect their American depositary receipts (ADRs) to be delisted from the New York Stock Exchange (NYSE) soon, reflecting a brewing trend of US segregation of US-listed Chinese companies, which experts said will erode the US dominant role in the global capital market in the long run.  In separate filings by China Mobile, China Unicom and China Telecom on Friday, the companies said that they expected the NYSE to apply to the US Securities and Exchange Commission for permission to delist their ADRs. The companies said that the delisting will be effective 10 days after the application is submitted. 

United statesHong kongFu liangYork stock exchangeExchange commissionChina telecom onChina unicomChina mobileChina telecomTongling railway stationEast chinaAnhui provinceNew york stock exchangeDonald trumpGlobal timesChinesea share