Search results
- China Mobile will be delisted on the basis that the company has connections to the Chinese military. If we go a step further, the order signed by President Trump in November aims to ban American investors from investing in Chinese companies that have failed to comply with audit oversight rules.
seekingalpha.com › article › 4397171-everything-you-need-to-know-delisting-of-china-mobileEverything You Need To Know About The Delisting Of China Mobile
Jun 3, 2021 · Sections 1 through 5 of Executive Order 13959, as amended by Executive Order 13974 of January 13, 2021 (Amending Executive Order 13959 — Addressing the Threat From Securities...
People also ask
Why did the New York Stock Exchange delist China Mobile?
What is Executive Order 13959?
Why is China Mobile being delisted?
Why is the US investigating China Mobile & China Unicom?
Jun 3, 2021 · Today, President Biden signed an Executive Order (E.O.) to further address the ongoing national emergency declared in E.O. 13959 of November 12, 2020 with respect to the threat...
Jun 3, 2021 · The President has signed a new Executive Order Addressing the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China. OFAC has published the following new Frequently Asked Questions (FAQs): 898, 899, 900, 901, 902, 903, 904, 905, and updated FAQs 857, 859, 860, 861, 863, 865, and 871 .
As a consequence of the executive order, the New York Stock Exchange in January ended trading of shares in China Mobile, China Telecom and China Unicom, and announced in late February that trading in CNOOC would also cease on March 9, 2021.
Jan 4, 2021 · An announcement published on the China Mobile website confirms the decision taken by the NYSE to prohibit the trading of any publicly traded security giving exposure to China Mobile beginning...
Jun 3, 2021 · US President Joe Biden is set to ban Americans from investing in dozens of Chinese tech and defence firms with alleged military ties. The new executive order will come into effect on 2 August...
Jun 25, 2024 · In 2021, the New York Stock Exchange delisted China Mobile, China Unicom, and China Telecom in compliance with an executive order issued by the Trump administration. This order...
