CHU China Unicom Ltd

By Alexander Osipovich 

The New York Stock Exchange will move forward with delisting three Chinese telecommunications companies targeted by an executive order from President Trump, reversing course again after the NYSE said earlier this week that it wouldn't delist them.

The NYSE said Wednesday that trading of the U.S.-listed shares of China Mobile Ltd., China Telecom Corp. and China Unicom (Hong Kong) Ltd. would be suspended at 4 a.m. ET on Monday. Mr. Trump's order seeks to ban trading in securities of companies that the administration says have links to the Chinese military.

(More to Come)

(END) Dow Jones Newswires

January 06, 2021 10:37 ET (15:37 GMT)

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