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 國際文宣組 IFC
According to the FCC Chairwoman: "the national security landscape has shifted and there has been mounting evidence - and with it, a growing concern - that Chinese state-owned carriers pose a real threat to the security of our telecommunications networks."
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We all know how Huawei helps surveil Uyghurs, and how Huawei and ZTE are excluded from 5G networks in various countries. Now let's not forget telecom providers too: China Unicom, China Telecom and China Mobile.
Safeguard your data! Steer clear from them.
#China #CCP #ChinaUnicom #ChinaTelecom #US #telecom
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We all know how Huawei helps surveil Uyghurs, and how Huawei and ZTE are excluded from 5G networks in various countries. Now let's not forget telecom providers too: China Unicom, China Telecom and China Mobile.
Safeguard your data! Steer clear from them.
#China #CCP #ChinaUnicom #ChinaTelecom #US #telecom