The New York Stock Exchange said it will no longer delist China’s three biggest state-owned telecommunications companies, backtracking on a plan that had threatened to escalate tensions between the … ( read original story …)
TECHNOLOGY
NYSE backtracks on delisting China Mobile, China Unicom and China Telecom
The New York Stock Exchange announced, and then backtracked on delisting Chinese telecom companies China Mobile, China Unicom and China Telecom. ( read original story …)
China ADRs Fall as U.S. Ramps Up Pressure on Delistings
Chinese stocks listed in the U.S., including China Telecom Corp. and Pinduoduo Inc., fell on the prospect of further sanctions that would remove more of the Asian nation’s biggest companies from … ( read original…
What should investors do as China Mobile, other telecoms companies face US delisting?
The Trump administration will restrict trades in 35 companies with ties to Chinese military, including China Mobile, China Telecom and China Unicom, on January 11. ( read original story …)
China’s antitrust crusade against tech sector signals new policy direction
While it’s clear from the Central Economic Work Conference there would be no sudden turn in overall policy, the antitrust measures underline Beijing’s bottom line of preventing systemic risk. ( read original story …)
China Aims To Dominate Flash Memory
China’s growth in advanced semiconductor production is no accident, and many US firms are accelerating the trend. ( read original story …)
China Delistings Threaten $144 Billion U.S. Fundraising Boom
Chinese companies have turned to the U.S. stock market for capital and international prestige, raising at least $144 billion from some of the world’s largest investors. ( read original story …)
China’s Three Big Telcos Slide on NYSE Move to Delist Shares
China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it’s delisting them to comply with a U.S. executive order that sanctioned companies … ( read original story …)
EU, China sign investment treaty
The European Union and China have agreed in principle an accord to facilitate greater levels of EU investment in the Asian country. The treaty includes clauses … ( read original story …)
China’s Three Big Telcos Slide on NYSE’s Move to Delist Shares
China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it is delisting them to comply with a U.S. executive order that sanctioned companies … ( read original story …)
China telco shares lose 5% in first trading day since NYSE delisting announcement
The NYSE on Thursday said it would delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd following the U.S. government’s move in November to block investment in 31 firms that…
China Might Be the New Movie Capital of the World
China sold more movie tickets than the U.S. in 2020 for the first time ever . North American box office sales plunged 80% to $2.3 billion, the lowest sum in 40 years (not adjusted for…
China’s Wintry Cold Lifts Diesel Use as Factories Buy Generators
A frigid winter is leading to power shortages in parts of China, driving up demand for diesel as factories rush to install generators to keep the lights on. ( read original story …)
