Chinese IPOs in US still on despite NYSE flip-flops

The New York Stock Exchange’s flip-flop on whether to delist three Chinese telecommunications giants caused plenty of confusion in the market this week, but mainland companies are still keen to sell shares in the US. Jonathan Breen reports.
Uncertainty defined markets this week. It started first with the NYSE.
The US Treasury department has an entity list — effectively a blacklist — that names companies and individuals subject to various sanctions. It includes Chinese firms flagged for having possible links to the country’s military, with US ...Already a subscriber? Login