NYSE reverses China telcos delisting plan

By Jonathan Breen
05 Jan 2021

The New York Stock Exchange has dropped plans to delist the stocks of China Mobile, China Telecom Corp and China Unicom (Hong Kong).

The bourse “no longer intends to move forward with the delisting action”, it said on Monday, reversing its decision against the Chinese telecom majors announced on December 31.

The initial decision was taken on the basis of an executive order signed by the US president on November 12 ...

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