NYSE Ignores Trump Executive Order, Refuses To Delist China Telcos
From zerohedge.com
In a shocking turn of events, NYSE has decided to reverse its previous decision (from last Thursday) to follow President Trump's Executive Order to delist three Chinese Telecom giants (China Mobile, China Telecom, and China Unicom Hong Kong) identified as "affiliated with the Chinese military". The investment ban will take effect on Jan. 11, just days before President-elect Joe Biden is due to be inaugurated, and according to NYSE on Thursday, trading in the three companies was to be suspended possibly as soon as Jan. 7 or as late as Jan. 11. Maybe not so "strong" after all... But now, in a statement on parent ...
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