NYSE says it will not delist 3 Chinese companies

0
86

Pedestrians walk past the New York Stock Exchange (NYSE) in New York, the United States, Sept. 3, 2020. U.S. stocks plunged on Thursday, as a steep sell-off in tech shares dragged down the market. The Dow Jones Industrial Average fell 807.77 points, or 2.78 percent, to finish at 28,292.73. The 30-stock index shed more than 1,000 points, or about 3.5 percent, at the lows. The S&P 500 fell 125.78 points, or 3.51 percent, to end at 3,455.06. The Nasdaq Composite Index sank 598.34 points, or 4.96 percent, to 11,458.10. (Xinhua/Wang Ying)

The New York Stock Exchange (NYSE) said it no longer intends to delist three Chinese telecom companies — China Telecom, China Mobile and China Unicom (Hong Kong) — in a dramatic u-turn coming only days after it announced the move to “comply” with a US executive order.

LEAVE A REPLY

Please enter your comment!
Please enter your name here