NYSE delisting Chinese telco companies

Shows how much you can read, what i wrote is true. Hong Kong hey ? well that was a good idea up until a few months ago...Even China not making that place the centre of its investment. So my statement still holds. USA cant invest in Shanghai stock market. Thus USA is hearding the CCP out. CCP like a cancer for power. You are its pawn. This is not a battle for just money, it is power and ideology. China has been scheming all sorts and now the world is waking up. Eastern Warrior my arse.
 
beginner66 said:
Shows how much you can read, what i wrote is true. Hong Kong hey ? well that was a good idea up until a few months ago...Even China not making that place the centre of its investment. So my statement still holds. USA cant invest in Shanghai stock market. Thus USA is hearding the CCP out. CCP like a cancer for power. You are its pawn. This is not a battle for just money, it is power and ideology. China has been scheming all sorts and now the world is waking up. Eastern Warrior my arse.
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China Connect in HK is alive and well. Plenty of stocks Americans can purchase along with those listed in HK. Restrictive policy is long term bad for US and plays right into China's hands. One other thing, when a China company goes public in the US, they raise USD. Where do you think a good chunk of that gets invested? The majority of that money does not flow back into China.
 
tradeking007yahoo said:
this is great news! and you should get even more bullish chinese adrs! it is almost like an index shuffle or drop! notice they wont hit alibaba or bidu and all of that index and etf money will flow into those names which are part of the sp500 and nasdaq!! so yeah buy buy chinese adrs because less supply =more demand if you want usa expopsure to china. dont be stupid. be smart and make money!
I am long heavy bidu and baba bq
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I am currently long baba as well, but won't you think the delisting of Chinese companies would cause fear for investors on other Chinese listed companies? It seems clear to me that we may experience a sharp drop on Monday open for baba.
 
NYSE Scraps Plans to Delist Chinese Telecom Stocks

Shares of China Mobile, China Unicom and China Telecom climb in Hong Kong
 
01/04/2021, 22:00
Updated Guidance on NYSE Group Actions to Comply with Executive Order 13959
Executive Order 13959 (“EO 13959”) prohibits, beginning at 9:30 a.m. eastern standard time on January 11, 2021, any transaction in publicly traded securities, or any securities that are derivative of, or are designated to provide investment exposure to, companies identified as a Communist Chinese Military Company (“CCMC”).

In light of further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control FAQ 857, available here, NYSE Regulation has announced that it no longer intends to move forward with the delisting action that was announced on December 31, 2020 for the following issuers.

Issuer
Symbol
Description
China Telecom Corporation Limited
CHA
American Depositary Shares
China Mobile Limited
CHL
American Depositary Shares
China Unicom (Hong Kong) Limited
CHU
American Depositary Shares
Contact Information

Questions regarding the actions taken by NYSE Group in response to EO 13959 may be directed to rmteam@nyse.com

Trading Support: 212-896-2830 tradingex@nyse.com
Relationship Managers: 855-898-9012 rmteam@nyse.com

This went out by email tonight
 
JSOP said:
https://www.msn.com/en-ca/news/worl...chinese-phone-carriers/ar-BB1ctFSg?li=AAggFp4

Chicken! Can't believe the west has become so weak... Didn't take any actions against all the Chinese companies that defrauded American investors hundreds of millions of dollars and now this. Can't even delist THREE companies... :vomit:
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why do you think weak? The US should list as many companies on US soil as possible to remain a financial powerhouse and center of finance world. Take a look at who is married to chairman of NYSE. Hope this wasn’t pandering to politics.
 
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