NYSE cites “military link” to exclude three Chinese carriers Business


Source: eminetra.co.uk eminetra.co.uk

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NYSE cites “military link” to exclude three Chinese carriers | Business bellacangelosi 11 mins ago The New York Stock Exchange (NYSE) has announced that it will delist three Chinese telecommunications companies due to suspected relations with the Chinese military. China Telecom, China Mobile and China Unicom Hong Kong will be suspended from trading in early January and delisting procedures will begin, according to a statement released by the stock exchange. The NYSE said the two companies were “no longer suitable for listing” and are taking steps to comply with an executive order signed by President Trump in November. The order...