Wall Street banks will delist derivatives linked to China Telecom stock in Hong Kong among others. Photo: Bloomberg
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Wall Street banks to delist derivative products linked to China Telecom, China Mobile and China Unicom in Hong Kong to comply with US sanctions
- The delisted derivatives represent about 4 per cent of over 12,000 derivative products in Hong Kong
- New York Stock Exchange will delist China Telecom, China Mobile and China Unicom to comply with an executive order
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Wall Street banks will delist derivatives linked to China Telecom stock in Hong Kong among others. Photo: Bloomberg