News Snapshot:
(Bloomberg) -- China Mobile Ltd. and China Unicom Hong Kong Ltd. said they requested a review of the New York Stock Exchange’s decision to delist the country’s state-owned telecommunications firms’ shares more than a week ago. The delisting move caused wild swings in their stock as investors were left with little time to react to the decision. It also prompted some global equity indexes to remove the securities. The NYSE indicated it was acting to comply with an executive order issued by former U.S. President Donald Trump, barring investments in companies deemed by the U.S. to be owned or controlled...
