New York (USA): In yet another U-turn the New York Stock Exchange said on Wednesday that it is planning to go ahead with the delistings of three Chinese telecom companies. This comes a day after U.S. Treasury Secretary told the NYSE chief he disagreed with its earlier decision to reverse the delistings.
Plans to delist China Mobile, China Unicom and China Telecom were prompted by a White House executive order banning U.S. investment in Chinese military-linked companies.