The New York Stock Exchange (NYSE), the largest bourse in the world, has started delisting proceedings for three Chinese telecom providers targeted by the Trump administration over their alleged military ties.
After being present on the US market for nearly two decades, the securities of China Mobile, China Telecom, and China Unicom Hong Kong will be suspended from trading between January 7 and January 11, the exchange announced in a statement. While the proceedings are already in progress with the Securities and Exchange Commission, the issuers still can appeal the decision, it added.
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