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NYSE may make second U-turn on China telecom delistings amid confusion over policy

6 Min Read
NEW YORK/WASHINGTON/HONG KONG/ (Reuters) - The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed, the latest twist to a saga amid confusion over rules set by the Trump administration and tension within Washington on China policy.
FILE PHOTO: Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. REUTERS/Aly Song/File Photo
If it does so, it would mark a second sudden U-turn. The bourse said late Monday it reversed a decision announced just last week to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd after consulting with regulatory authorities in connection with the U.S. Treasury’s Office of Foreign Assets Control. ....

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NYSE may do a second U-turn on delisting of Chinese telcos amid policy ambiguity

The NYSE said late Monday it decided not to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd. ....

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NYSE's U-turn on China telecom delistings may reverse again, amid tension and confusion over policy

The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed, the latest twist to a saga amid confusion over rules set by the Trump administration and tension within Washington on China policy. ....

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NYSE s U Turn On China Telco Delistings May Reverse Again Amid Tension And Confusion Over Policy

China s foreign ministry has lambasted what it called the U.S. s stretching of the concept of national security to suppress Chinese companies., , nyse, Chinese telecom, asset management, hong kong, Trump Administration ....

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