The New Paper

January 5, 2021

NYSE reverses plans to delist Chinese telecom companies

The New York Stock Exchange reversed plans to delist three Chinese telecom companies yesterday. The exchange initially announced plans to delist the companies in response to an executive order issued by President Trump in November, which prohibited US investment in firms linked to the Chinese military. While additional details on the reversal were not provided, the NYSE noted that it made the decision after “further consultation with relevant regulatory authorities.”
This story is from the January 5, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.