News Snapshot:
In this news, we discuss the Chinese securities regulator says NYSE delistings are ‘political’ and impact ‘limited’ . SHANGHAI (Reuters) – China’s securities regulator said on Sunday that the New York Stock Exchange (NYSE) was considering delisting three Chinese telecommunications companies as “political†and that the impact would be “limited.†The NYSE said on Thursday that it would withdraw China Mobile Ltd, China Unicom Hong Kong Ltd and China Telecom Corp Ltd following President Donald Trump’s decision in November to ban U.S. investment in 31 companies that Washington says are owned or controlled by the Chinese military. The China Securities...
