John McCrank, Alexandra Alper, Pei Li
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NYSE may make second U-turn on China telecom delistings amid confusion over policy

NYSE may make second U-turn on China telecom delistings amid confusion over policy

By , , NEW YORK/WASHINGTON/HONG KONG/ (Reuters) -The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed, the latest twist to a saga amid confusion over rules set by the Trump administration and tension within Washington on China policy.If it does so, it would mark a second sudden U-turn. The bourse said late Monday it reversed a decision announced just last week to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd after consulting with regulatory authorities in connection with the U.S. Treasury’s Office of...

January 5, 2021
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