Traders work on the floor at the New York Stock Exchange (NYSE) in New York on January 21, 2020. Photo: Reuters
New York Stock Exchange scraps plan to delist China’s three telecoms stocks in surprise U-turn that whipsaws investors
- China Mobile, China Telecom, China Unicom had been set to delist from the NYSE as soon as Thursday
- Jefferies’ head of telecoms research Edison Lee described the NYSE’s original delisting decision “bizarre”
Topic |
US-China relations
Traders work on the floor at the New York Stock Exchange (NYSE) in New York on January 21, 2020. Photo: Reuters