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China Telecom Majors Downplay Significance of Wall Street Delisting

2021年01月04日 20:48 来源于 财新网
Markets largely shrug off news as companies emphasize they only trade a small volume of shares in the U.S.
The New York Stock Exchange announced on Dec. 31 that it would begin to delist the three major Chinese telecom firms, in line with an executive order from the outgoing U.S. president.

Shares of China’s three largest telecom firms slid in Hong Kong on their first morning of trade after revelations last week of a U.S. government effort to delist them in New York, but had mostly recovered by market close.

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