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US stock exchange NYSE: But no ban on Chinese telecommunications companies

by alex

After consulting with regulators, China Mobile, China Telecom and China Unicom are likely to stay.

The US stock exchange operator New York Stock Exchange (NYSE) does not want to exclude three large Chinese telecom groups from trading, contrary to an earlier announcement. After further consultations with the relevant supervisory authorities, China Mobile, China Telecom and China Unicom are likely to stay, the NYSE announced on Monday. She announced the ban on Thursday and referred to a US government decree from November.

In November, the government banned investments in a total of 31 companies that they claim are controlled by the Chinese military. The shares of the three companies rose after the withdrawal of the NYSE on the Hong Kong stock exchange by up to 8.5 percent.

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