China Mobile shares soared more than nine percent on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York amid tensions between Beijing and Washington. The stock jumped as much as 9.4 percent before quickly paring those gains and was more than three percent higher an hour …
China Mobile Surges In Shanghai Debut After US Delisting Read More »
State-owned China Mobile has received approval to list publicly in Shanghai, documents showed, nearly a year after it was delisted in the United States along with two other Chinese telecom giants as tensions between Beijing and Washington soared. China Mobile plans to issue up to 845.7 million shares, according to a prospectus released on the …
China Mobile Gets Nod For Shanghai Debut After US Delisting Read More »
FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst March 24, 2021 WASHINGTON (Reuters) – The top U.S. securities regulator on Wednesday adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. …
U.S. SEC begins rollout of law aimed at delisting Chinese firms Read More »
View of the New York Stock Exchange (NYSE) at Wall Street on November 16, 2020 in New York City. – Wall Street stocks rose early following upbeat news on a coronavirus vaccine and merger announcements in the banking and retail industries. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) OAN …
Chinese propaganda slams NYSE, President Trump for delisting Chinese firms Read More »
FILE PHOTO: Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. REUTERS/Brendan McDermid December 11, 2020 SHANGHAI (Reuters) – Global fund managers are reducing their holdings in U.S-listed Chinese companies such as Alibaba, Netease and JD.com as risks grow they will be forced off American …
