The NYSE will move to delist Chinese oil majors; it’s a matter of when… | weehingthong

The NYSE will move to delist Chinese oil majors; it’s a matter of when…

Posted on January 4, 2021 by weehingthong

..

The New York Stock Exchange will delist the 3 Chinese telecom companies:

..

"China’s largest offshore oil producer CNOOC Ltd. could be most at risk. PetroChina Co. Ltd. and Sinopec, may also be under threat as the energy sector is crucial to China’s military." https://t.co/MJEVXE7D6K
— Zoraida Sánchez (@Zoraida14_San) January 3, 2021

Chinese oil majors may be next in line for delisting in the U.S. after the New York Stock Exchange said it would remove the Asian nation's three biggest telecom companies https://t.co/3dPrz0Cdka
— Bloomberg (@business) January 3, 2021

https://www.bloomberg.com/news/articles/2021-01-03/china-oil-majors-may-face-u-s-delisting-after-nyse-drops-telcos?utm_source=twitter&utm_content=business&cmpid=socialflow-twitter-business&utm_medium=social&utm_campaign=socialflow-organic

..

Another $180bn of market cap at risk of leaving #WallStreet to give credence to the weakest argument not to invest in Chinese stocks. Three stocks ave yield of 9% means US investors lose out BIG – China Oil Majors May Face U.S. Delisting After Telcos Cut https://t.co/ZAynXXpdfU
— Brian Tycangco 鄭彥渊 (@BrianTycangco) January 3, 2021

This entry was posted in Uncategorized and tagged Chinese oil majors, NYSE delisting. Bookmark the permalink.

Leave a comment Cancel reply

Create a free website or blog at WordPress.com.