Wall Street banks to delist derivative products linked to China Telecom, China Mobile and China Unicom in Hong Kong to comply with US sanctions


Source: scmp.com scmp.com

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The delisted derivatives represent about 4 per cent of over 12,000 derivative products in Hong Kong linked to China Telecom, China Mobile and China Unicom New York Stock Exchange will delist China Telecom, China Mobile and China Unicom to comply with an executive order Investors can still trade the products linked to China Telecom, China Mobile and China Unicom stocks until January 22, or sell them back to the investment banks. Goldman Sachs, Morgan Stanley and JPMorgan said they would delist 484 warrants and other derivative products linked to China Telecom, China Mobile and China Unicom stocks in Hong Kong...