Shares of China Mobile , China Telecom , and China Unicom , the top telecommunications companies in China, were all rising today after the New York Stock Exchange r … ( read original story …)
TECHNOLOGY
NYSE’s Second-Guessing on China Delistings Sows Market Confusion
Almost two months after President Donald Trump said he’s cutting off U.S. investment in companies tied to China’s military, confusion reigns on Wall Street over how to interpret his order. One … ( read original…
NYSE Mulls Reverting to Original Plan to Delist China Shares
The New York Stock Exchange is considering proceeding in delisting three major Chinese telecommunications firms after Treasury Secretary Steven Mnuchin criticized its shock decision to grant the … ( read original story …)
China’s Dreams of Self-Reliance Still Depend on Japan Inc.
Rising ambitions on the mainland to compete in high-end manufacturing are creating a boom for machinery companies. ( read original story …)
U.S.-China Rivalry Could Spill Into New Areas in 2021, Says Eurasia Group
China friction is competition in so-called green technologies, said Leon Levy, a senior analyst at Eurasia Group. ( read original story …)
NYSE U-turn on China stocks a short reprieve, US officials say
The New York Stock Exchange’s surprise decision to spare three major Chinese telecommunications companies from being delisted marks a temporary reprieve, not a sign that tensions between Washington … ( read original story …)
Boston Private, BP, China Unicom: 5 Top Stock Gainers for Tuesday
Boston Private, BP, Peck Cos., Cerecor and China Unicom are five top stock gainers for Tuesday. Stocks were climbing Tuesday as Wall Street kept an eye on two key Senate runoff elections in Georgia. (…
NYSE U-Turns on China Telecom Delisting Threat, Shares Surge
China Mobile and China Unicom shares surged higher Tuesday after the New York Stock Exchange scrapped plans to delist three China-based telecoms companies with alleged ties to the military. ( read original story …)
NYSE Just Gave China Inc. One More Reason to Leave
China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. — surged, while the offshore yuan, sensitive to ties between Washington and Beijing, pushed even higher. Kicking out … ( read original story …)
Jack Ma: China’s troubled technology tycoon ‘laying low’ after clash with Beijing
Jack Ma, founder of Alibaba Group and China’s best-known billionaire, has disappeared from the public eye after Beijing regulators halted the company’s stock market listing. A former English teacher, … ( read original story …)
NYSE reverses plans to delist China’s three big telcos
In an unexpected turn, the New York Stock Exchange said Monday that it no longer intends to delist China’s three major telecoms operators, a decision that was originally announced on December 31. The … (…
China state news agency urges end to long work hours in tech
China’s official Xinhua News Agency is calling for shorter work hours in the country’s tech sector following the sudden death last week of a young employee at a leading e-commerce platform … ( read original…
NYSE Scraps Plan To Delist China Telecom Firms
The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies on Monday, reversing a decision that further dented already strained relations between the world’s two … ( read original story …)