News Snapshot:
NEW YORK (Reuters) -The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, China Telecom (NYSE:) Corporation Limited , China Mobile (NYSE:) Limited (HK:) and China Unicom (NYSE:) (Hong Kong) Limited , it said in a statement https://ir.theice.com/press/news-details/2020/NYSE-to-Commence-Delisting-Proceedings-in-Securities-of-Three-Issuers-to-Comply-with-Executive-Order-13959/default.aspx on Thursday. The move comes after President Donald Trump in November unveiled an executive order barring U.S. investments in Chinese companies that Washington says are owned or controlled by the Chinese military, which could impact some of China’s biggest companies https://www.defense.gov/Newsroom/Releases/Release/Article/2434513/dod-releases-list-of-additional-companies-in-accordance-with-section-1237-of-fy. The November executive order sought to give teeth to a 1999 law that mandated...
