Update: NYSE Scraps Plan to Delist Three Chinese Telecom Firms
On New Year’s Eve, NYSE made a big announcement to delist Chinese Telecom giants China Mobile (CHL), China Telecom (CHA) and China Unicom (Hong Kong) Limited (CHU). Late yesterday the NYSE scrapped its delisting plan apparently after checking with regulatory authorities according to a report in the WSJ. Or it is quite possible that NYSE backed down after …
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