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NYSE says it will no longer delist three Chinese telecom giants
CNBC ^ | 01/04/2021 | Christine Wang

Posted on 01/04/2021 7:49:43 PM PST by Skywise

The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants.

In a late Monday statement, the NYSE said it dropped the plans after "further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control."

Hong Kong-listed shares of China Telecom, China Mobile and China Unicom rallied after news of the reversal.

The announcement comes after the NYSE said on Dec. 31 that it would move to delist American depositary shares of China Telecom, China Mobile and China Unicom.

The exchange had originally planned to drop those listings in order to comply with an executive order that President Donald Trump signed in November. That order sought to bar American companies and individuals from investing in firms that the Trump administration alleged aid the Chinese military.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections; US: New York
KEYWORDS: china; chinamobile; chinatelecom; chinaunicom; cmonman; comeonman; communism; delisting; eatingourlunch; harrisbiden; hongkong; hunterbiden; nyse; pla; redchina; tds; treason
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Biden already selling us out to the communists.
1 posted on 01/04/2021 7:49:43 PM PST by Skywise
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To: Skywise

Well how convenient. The war is about to get hot.


2 posted on 01/04/2021 7:51:43 PM PST by Phillyred
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To: Skywise

“Relevant regulatory authorities”. Who are they? Who’s pulling strings for china?


3 posted on 01/04/2021 7:52:04 PM PST by virgil (The evil that men do lives after them )
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To: Phillyred

Yes, I think we are:

https://twitter.com/PatrickByrne/status/1346157159936094209


4 posted on 01/04/2021 7:53:33 PM PST by conservativepoet
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To: Phillyred

What war?? China will roll in here just like Tibet. The UN will declare the world borderless and we will double in population in a month under Biden/Harris.


5 posted on 01/04/2021 7:53:50 PM PST by BipolarBob (It's 2021 in the year of our Covid.)
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To: virgil

> “Relevant regulatory authorities”. Who are they? <

They are the guys making $65,000 a year who suddenly have the money to buy a new car and a fancy summer home by the lake.


6 posted on 01/04/2021 7:55:06 PM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Skywise

OFAC prohibits trade with hostile foreign nations like North Korea, Cuba, Somalia and other enemy nations.

Apparently the USA is hunky-dory with China now


7 posted on 01/04/2021 7:55:20 PM PST by Responsibility2nd (I will not rest until the American People have the honest vote count they deserve. DJT 11-07-20)
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To: Skywise

CNBC celebrates a victory for the PLA of china.
No surprise there.

“Show me where a man gets his cornpone and I’ll tell you what his opinions are”- Samuel Clements.


8 posted on 01/04/2021 7:57:44 PM PST by mrsmith (US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
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To: Skywise
Kelly Loeffler's HUSBAND is the Chairman of the NYSE.

Is this a last-minute deal to save her seat?

Makes perfect sense if you think the world is as fundamentally-corrupt as I do.

9 posted on 01/04/2021 7:59:37 PM PST by montag813
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You all owe me a beer.


10 posted on 01/04/2021 8:01:34 PM PST by Gene Eric (Don't be a statist!)
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To: Skywise
Biden already selling us out to the communists.

Deserves big font.

11 posted on 01/04/2021 8:01:51 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: Skywise

So...

Much...

Treason...


12 posted on 01/04/2021 8:01:54 PM PST by DoughtyOne (Buzzards circling over six states. Leftists looking more like dead game every day.)
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To: Skywise
Shocked!
Snicker...
13 posted on 01/04/2021 8:02:20 PM PST by SuperLuminal (Where is Sam Adams now that we desperately need him)
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To: Skywise

Translation: we got the money, xinnie the pooh.


14 posted on 01/04/2021 8:02:20 PM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same. )
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To: Skywise

“... further consultation with relevant regulatory authorities”

“Biden? Xi here. Do NOT delist those companies.”


15 posted on 01/04/2021 8:03:39 PM PST by ProtectOurFreedom ("Inside Every Progressive Is A Totalitarian Screaming To Get Out" -- David Horowitz)
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To: montag813

Kelly Loeffler’s HUSBAND is the Chairman of the NYSE.
Is this a last-minute deal to save her seat?

Makes perfect sense if you think the world is as fundamentally-corrupt as I do.

That sounds crazy, and in this world, completely possible.


16 posted on 01/04/2021 8:28:18 PM PST by Flick Lives (#resist)
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To: Skywise

17 posted on 01/04/2021 8:34:03 PM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Skywise
Many of us were writing before November 3 that the election would determine whether the Republic would ultimately survive China.

So it begins.


18 posted on 01/04/2021 8:34:15 PM PST by nathanbedford (attack, repeat, attack! Bull Halsey)
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To: montag813

Yikes.


19 posted on 01/04/2021 8:37:46 PM PST by proust (Justice delayed is injustice.)
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To: nathanbedford

China can not afford to step into the shoes of America’s post WW2 empire.
No one can.

The goal is to get us to pretend we can. And to waste our fortune doing that.

Every empire, such as was forced on us after WW2, is devoured by it’s ‘allies’’ if it doesn’t leave under it’s own terms.


20 posted on 01/04/2021 8:49:26 PM PST by mrsmith (US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
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