China securities regulator says NYSE delistings ‘political’, impact ‘limited’


Source: wimz.com wimz.com

Key Topics in this News Article:

News Snapshot:

China securities regulator says NYSE delistings ‘political’, impact ‘limited’ 7:28 PM SHANGHAI (Reuters) - China's securities regulator on Sunday said New York Stock Exchange (NYSE) plans to delist three Chinese telecom firms are "political" and that the impact will be "limited". The NYSE on Thursday said it would delist China Mobile Ltd, China Unicom Hong Kong Ltd and China Telecom Corp Ltd following President Donald Trump's move in November to bar U.S. investment in 31 firms that Washington says are owned or controlled by the Chinese military. The China Securities Regulatory Commission, in a question and answer posted on its...