News Snapshot:
January 4, 2021 The three Chinese telecom companies have separate listings in Hong Kong and generate the entirety of their revenue in China. China’s securities regulator on Sunday said the delisting of three Chinese telecom companies by the New York Stock Exchange is “politically motivated†and “severely undermines normal market rules and order.†The NYSE on Thursday said it would delist China Mobile Ltd, China Unicom Hong Kong Ltd and China Telecom Corp Ltd to comply with an executive order signed by US President Donald Trump in November that bars American investment in companies that the administration says are owned...
