The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers, including China Mobile. Photo: AP Photo The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers, including China Mobile. Photo: AP Photo
The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers, including China Mobile. Photo: AP Photo
Stocks
Business /  Markets

Hang Seng Index falls after NYSE moves to delist Chinese telecoms firms and US officials weigh Alibaba, Tencent ban

  • Hang Seng Index closes 0.5 per cent lower, snapping three consecutive days of advances; Shanghai Composite ends 0.7 per cent higher
  • Sell-off in China Mobile, China Unicom and China Telecom wipes off US$11.47 billion in market value after NYSE once again moves to delist them

Topic |   Stocks
Martin Choi
Martin Choi

Updated: 5:24pm, 7 Jan, 2021

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The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers, including China Mobile. Photo: AP Photo The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers, including China Mobile. Photo: AP Photo
The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers, including China Mobile. Photo: AP Photo
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