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NYSE reversed its decision to delist three major Chinese telecom companies in a move that s leaving some in the industry confused about what to expect next
NYSE reversed its decision to delist three major Chinese telecom companies in a move that s leaving some in the industry confused about what to expect next
Dan DeFrancescoJan 6, 2021, 20:58 IST
Happy hump day!
It s been quite a few days over at the Big Board (aka the New York Stock Exchange). On December 31, the exchange announced it intended to delist three major Chinese telecom companies - China Telecom, China Mobile, and China Unicom Hong Kong.
The announcement was a result of an executive order signed by President Donald Trump back in November requiring US investors to exit positions in Chinese companies that could be considered a threat to US national security.
NYSE s perplexing China listings U-turn More mega dream tech deals Citi banker in legal spat Dan DeFrancesco The New York Stock Exchange s Stacey Cunningham rang the opening bell for Snowflake s first trading day.
Happy hump day!
It s been quite a few days over at the Big Board (aka the New York Stock Exchange). On December 31, the exchange announced it intended to delist three major Chinese telecom companies †China Telecom, China Mobile, and China Unicom Hong Kong.
The announcement was a result of an executive order signed by President Donald Trump back in November requiring US investors to exit positions in Chinese companies that could be considered a threat to US national security.
Big predictions for the year ahead on Wall Street mmazzilli@businessinsider.com (Meredith Mazzilli)
Happy New Year!
40 insiders reveal the meteoric rise of Silver Lake s Egon Durban, the tech-focused PE firm s No. 1 dealmaker
And now that we re officially on Day 2 of 2021, it s a great time to take stock of what to expect in the year ahead for everything from M&A activity and the future of the IPO roadshow to financial-advisor moves and the next hot fintech trends. You can read some of our biggest predictions below.
If there s one takeaway, it s that there will be plenty of news, deals, and drama to keep tabs on. If you re not yet a newsletter subscriber
NYSE s new-look direct listing - Hedge funds to watch in 2021 - The next breakout fintech trends
NYSE s new-look direct listing - Hedge funds to watch in 2021 - The next breakout fintech trends
Dan DeFrancescoDec 23, 2020, 17:21 IST
Paris on October 4th, 2011 . Aurel BGC. trading floor The CAC40 index and the Paris stock exchange curve over the past 5 days appear on the computer screens Traders at work. (Photo by: Andia/Universal Images Group via Getty Images)Andia/Universal Images Group via Getty Images
Happy hump day!
Quick note to say the newsletter will be taking a brief hiatus over the holidays. We ll be back on the 31st with a best-of edition, highlighting our top stories from 2020.
Two weeks out from the end of 2020 and the IPO news cycle isn t slowing down.
You d be forgiven if you thought at the beginning of the week we d maybe get a break from hearing about hot tech companies rushing to go public, as Roblex and Affirm postponed their debuts. But by Friday, cryptocurrency exchange Coinbase, online thrift platform Poshmark, and dating app Bumble had all filed for upcoming IPOs.
Another thing they all have in common, according to reports, is Goldman Sach s involvement.
The company has led offerings this fall for DoorDash, Wish, Snowflake, and Unity Software, and worked on other IPOs including Airbnb and GoodRx, among others. And as Meghan Morris reported, it s now leading Coinbase s efforts.