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 …)
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NYSE Scraps Plan to Delist China Telcos in ‘Bizarre’ U-Turn
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 …)
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 says US sanctions have no ‘legal effect’ in Hong Kong or China, but analysts urge caution
What do Beijing regulators’ claims on the legality of US sanctions in China and Hong Kong mean for Carrie Lam and other sanctioned entities? ( read original story …)
China Baowu Steel unit opens 2.8 mln tonnes/year steel scrap plant
A unit of top steel producer China Baowu Steel Group has launched a steel scrap processing and production facility with annual capacity of 2.8 million tonnes in the eastern Chinese province of Anhui. ( read…
China Is Pushing For Its Digital Yuan: Is The World Noticing?
Introduction The future of Digital Currencies is looking quite bright. The revolution ushered in by Bitcoin and other cryptocurrencies mean that governments are now serious about exploring the … ( read original story …)
Genworth parent mulls US mortgage IPO after China merger stalls
Genworth Financial, the US-based parent company of Genworth Mortgage Insurance Australia, will explore a partial IPO of its US mortgage insurance business as part of a contingency plan after its … ( read original story…
How can a brand ever belong in China?
Numerous international brands have come unstuck in the past couple of years with their messaging in China because they are failing to do their homework – and then they do it over again, says a…
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 …)
Pompeo Cites China, North Korea as Trump’s Unfinished Business
Secretary of State Michael Pompeo said Monday that he regrets the U.S. hadn’t made more progress in resolving “hard issues” with China or getting North Korea to shed its nuclear arsenal, while saying … (…
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 …)
