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NYSE will continue to promote delisting of three Chinese telecom operators

via:CnBeta     time:2021/1/7 1:05:25     readed:81

AFP just announced that in the latest reversal, the New York Stock Exchange announced that it would still promote delisting of three Chinese telecom companies. Previously, the New York Stock Exchange announced that it would stop promoting the delisting of three large Chinese telecom companies. Later, it was opposed by U.S. Commerce Secretary mu nuqin. Under pressure, the New York Stock Exchange later said it would reconsider the decision to suspend delisting.

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China's Foreign Ministry spokesman Hua Chunying said in response to the New York Stock Exchange's reconsideration of the plan to stop delisting the three Chinese enterprises due to the opposition of the US Secretary of Commerce on the 6th that on this issue, I have indicated China's principled position in two consecutive inquiries yesterday and the day before yesterday. I can emphasize once again that the status of the United States as an international financial center depends on the trust of global enterprises and investors in the inclusiveness and certainty of its rules and regulations. Recently, some political forces in the United States continue to suppress foreign companies listed in the United States for no reason, reflecting the arbitrariness, arbitrariness and uncertainty of their rules and regulations. The direct impact of the US crackdown on Chinese related companies is quite limited, and the ultimate damage will be the US national interests and image, as well as the global status of the US capital market. The United States hopes to do something beneficial to the stability of global financial markets and the protection of the legitimate rights and interests of global investors. I think that not only China but also other countries are looking at what the United States will do. The behavior of the United States will determine whether its image in the eyes of the people of the world is credible, reliable, and worthy of cooperation.

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