Article 5C9VE NYSE to delist three Chinese telecom firms, citing 'military links'

NYSE to delist three Chinese telecom firms, citing 'military links'

by
Joanna Partridge
from US news | The Guardian on (#5C9VE)

Stock exchange says companies are no longer suitable for listing', in move condemned by Beijing

The New York Stock Exchange (NYSE) has said it will delist three Chinese telecommunications firms because of their alleged links to China's military.

China Telecom, China Mobile and China Unicom Hong Kong will be suspended from trading in early January, while delisting proceedings are initiated, according to a statement released by the stock exchange.

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