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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The Most Valuable Company in Canada is a Tech Company

As we head into the first trading day for 2021 I was reviewing the top companies in Canada and what I found surprised me. The Most Valuable Company in Canada based on Market Capitalization is the e-Commerce platform provider Shopify Inc(SHOP). Unlike the US, the tech industry is tiny in Canada and not many tech …

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New York Stock Exchange to Delist Three Chinese Telecom Companies

The New York Stock Exchange (NYSE) will delist the below three Chinese Telecom Companies according a Bloomberg news report: China Mobile (CHL) China Telecom (CHA) China Unicom (Hong Kong) Limited (CHU) The stocks will be delisted between January 7 and 11. Once delisted these stocks may move to the OTC markets. However it remains to …

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Price of a Disneyworld Ticket – Actual Price vs. 1971 Price Adjusted for Inflation: Chart

Pricing power is one key ingredient for successful companies. Firms that are able to raise prices on a consistent basis can enjoy continued growth in profits. One company that has successfully employed this strategy over many decades and continues to do is Walt Disney Co(DIS). The following chart shows the magic ingredient of pricing power that …

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