Telcos

In Bizarre Flipflop, NYSE Ignores Trump Executive Order, Refuses To Delist China Telcos

In a shocking turn of events, NYSE has decided to reverse its previous decision (from last Thursday) to follow President Trump’s Executive Order to delist three Chinese Telecom giants (China Mobile, China Telecom, and China Unicom Hong Kong) identified as “affiliated with the Chinese military”. The investment ban will take effect on Jan. 11, just…