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New York Stock Exchange starts delisting China telecoms firms –

Move follows Trump order barring US investments in Chinese companies allegedly tied to China’s military.



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The New York Stock Exchange (NYSE) is starting the process of delisting securities of three Chinese telecommunications companies, China Telecom Corporation Limited, China Mobile Limited and China Unicom (Hong Kong) Limited, it said in a statement.
The move comes after US President Donald Trump in November unveiled an executive order barring United States investments in Chinese companies that Washington says are owned or controlled by the Chinese military, which could affect some of Chinas biggest…

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