News Snapshot:
China Mobile plans Shanghai itemizing following NYSE exile By 5 China Mobile is planning to listing on the Shanghai inventory change after being exiled from the NYSE. Last November, then-president Donald Trump signed an government order to delist China Mobile, China Unicom, and China Telecom from the New York Stock Exchange on nationwide safety grounds. The NYSE briefly backtracked on its plan to delist the Chinese telecoms giants after “further consultation with relevant regulatory authorities”. However, the change rapidly modified its thoughts once more and determined to press on with delisting proceedings. All three of the operators appealed the delistings...
