Forwarded from 📡Guardians of Hong Kong
China Mobile, Telecom, and Unicom will be delisted as U.S. ban investment in Chinese military-related firms
The New York Stock Exchange announced on 31 Dec. 2020 that China Mobile, China Telecom, and China Unicom Hong Kong will be delisted so as to comply with President Trump’s November executive order, which prohibits U.S. capital from investing in Chinese military-linked firms. NYSE will suspend their ADR trading from 7th to 11th of January, after which they will be delisted.
President Trump’s executive order will become effective at 9 a.m. ET on 11 Jan., prohibits U.S. individual investors, investment firm, and pension funds from trading or investing in the stocks or derivatives of 31 Chinese firms. In addition to the three telecommunication companies mentioned above, Huawei, Hikvision, China Communications Construction, and China Railway Construction are included as well. The order also stipulates that U.S. investors will not be allowed to hold any securities products of these 31 Chinese firms on or before 11 Nov. 2022.
#NewYorkStockExchange #ChinaMobile #ChinaTelecom #ChinaUnicom #Huawei #ExecutiveOrder #USChinaRelation #ExecutiveOrder
Source: Stand News #Jan01
https://bit.ly/2N2ctp2
The New York Stock Exchange announced on 31 Dec. 2020 that China Mobile, China Telecom, and China Unicom Hong Kong will be delisted so as to comply with President Trump’s November executive order, which prohibits U.S. capital from investing in Chinese military-linked firms. NYSE will suspend their ADR trading from 7th to 11th of January, after which they will be delisted.
President Trump’s executive order will become effective at 9 a.m. ET on 11 Jan., prohibits U.S. individual investors, investment firm, and pension funds from trading or investing in the stocks or derivatives of 31 Chinese firms. In addition to the three telecommunication companies mentioned above, Huawei, Hikvision, China Communications Construction, and China Railway Construction are included as well. The order also stipulates that U.S. investors will not be allowed to hold any securities products of these 31 Chinese firms on or before 11 Nov. 2022.
#NewYorkStockExchange #ChinaMobile #ChinaTelecom #ChinaUnicom #Huawei #ExecutiveOrder #USChinaRelation #ExecutiveOrder
Source: Stand News #Jan01
https://bit.ly/2N2ctp2
Forwarded from China in Focus - NTD
Media is too big
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A #ChineseOilCompany gets kicked off the #NewYorkStockExchange, but raises $4 billion in China. Why are its Chinese competitors funding it?
Cities across China endure lockdown-induced #FoodShortages. Videos emerge, giving a glimpse into what locals are dealing with.
⭕ Watch the full episode 👉https://ept.ms/Delisted_
⭕ Try @EpochTV for free 👉https://ept.ms/FreeTrialTiffany
Cities across China endure lockdown-induced #FoodShortages. Videos emerge, giving a glimpse into what locals are dealing with.
⭕ Watch the full episode 👉https://ept.ms/Delisted_
⭕ Try @EpochTV for free 👉https://ept.ms/FreeTrialTiffany
Forwarded from China in Focus - NTD
Media is too big
VIEW IN TELEGRAM
Five major state-owned #ChineseCompanies are about to delist from the #NewYorkStockExchange. China’s regulator says it’s by choice, but an ongoing U.S.-China debate may suggest otherwise.
Some officials say investment company #BlackRock is putting climate issues at the top of its agenda—even above making a profit for U.S. pension funds.
⭕ Watch the full episode 👉https://ept.ms/DelistFromNYSE_NTD
🔵 Enjoy 50% OFF 👉https://ept.ms/3bFhoZB
Some officials say investment company #BlackRock is putting climate issues at the top of its agenda—even above making a profit for U.S. pension funds.
⭕ Watch the full episode 👉https://ept.ms/DelistFromNYSE_NTD
🔵 Enjoy 50% OFF 👉https://ept.ms/3bFhoZB