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.”
