Signs of China Telecom, China Mobile and China Unicom are seen during the 2018 China International Import Expo in Shanghai. Hong Kong and Asian markets follow gains in US equities as Trump concedes defeat in US election but major Chinese telecoms stocks falter on NYSE and index removal blows. Photo: AFP Signs of China Telecom, China Mobile and China Unicom are seen during the 2018 China International Import Expo in Shanghai. Hong Kong and Asian markets follow gains in US equities as Trump concedes defeat in US election but major Chinese telecoms stocks falter on NYSE and index removal blows. Photo: AFP
Signs of China Telecom, China Mobile and China Unicom are seen during the 2018 China International Import Expo in Shanghai. Hong Kong and Asian markets follow gains in US equities as Trump concedes defeat in US election but major Chinese telecoms stocks falter on NYSE and index removal blows. Photo: AFP
China Unicom

Hang Seng Index surges with Asian stocks on stimulus bets as Trump concedes defeat, Chinese telecoms slammed on index deletion

  • Hang Seng Index rose 1.2 per cent, while Shanghai Composite slipped 0.2 per cent; both measures completed a weekly gain of more than 2 per cent
  • Chinese telecoms stocks faltered after the New York Stock Exchange delisting plan, index compilers to remove trio from benchmarks

Topic |   China Unicom
Signs of China Telecom, China Mobile and China Unicom are seen during the 2018 China International Import Expo in Shanghai. Hong Kong and Asian markets follow gains in US equities as Trump concedes defeat in US election but major Chinese telecoms stocks falter on NYSE and index removal blows. Photo: AFP Signs of China Telecom, China Mobile and China Unicom are seen during the 2018 China International Import Expo in Shanghai. Hong Kong and Asian markets follow gains in US equities as Trump concedes defeat in US election but major Chinese telecoms stocks falter on NYSE and index removal blows. Photo: AFP
Signs of China Telecom, China Mobile and China Unicom are seen during the 2018 China International Import Expo in Shanghai. Hong Kong and Asian markets follow gains in US equities as Trump concedes defeat in US election but major Chinese telecoms stocks falter on NYSE and index removal blows. Photo: AFP
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