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  1. Get the latest China Mobile ADR Representing 5 Ord Shs (CHLN) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and...

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  3. 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...

  4. Public Interest Entity Auditor recognised in accordance with the Financial Reporting Council Ordinance. Legal Advisers. Sullivan & Cromwell (Hong Kong) LLP. Investor and Media Relations. Tel: 852 3121 8888. Fax: 852 2511 9092. Website: www.chinamobileltd.com.

    • It's Too Risky to Hold State-Backed Chinese Companies
    • The Order Won't Hurt The Three Telecom Companies
    • Retreating to Otc and Overseas Markets Isn't An Option
    • Don't Count on President-Elect Biden to Undo The Order
    • Should Investors Sell Their Chinese Telecom Stocks Now?

    It's unclear if China Mobile, China Telecom, and China Unicom actually have connections to the Chinese military, but they are all certainly state-backed enterprises. Last December, President Trump approved a new law that would delist all foreign companies that can't prove they aren't controlled by a foreign government. If a company fails to do so t...

    The shares of China Mobile, China Telecom, and China Unicom that trade on the NYSE are merely fragments of their subsidiaries. According to China's Securities Regulatory Commission, the NYSE-listed ADR shares of all three telecom companies represent just 2% of the respective companies' outstanding shares, so the de-listings won't hurt their core bu...

    Some investors likely assume the delisted stocks would simply be moved to an OTC (over-the-counter) exchange, where they could continue trading, or they could trade their ADRs for Hong Kong-listed shares. However, the new law targeting China's state-backed enterprises specifically bars delisted Chinese companies from retreating to OTC markets. It a...

    If you believe President-elect Biden will undo the executive order after he takes office on Jan. 20, the three telecom stocks might look like tempting investments with their low P/E ratios and high dividend yields. But I doubt this will happen, for two reasons. First, the new law targeting China's state-backed enterprises was passed with bipartisan...

    I personally own shares of China Mobile, and I previously promoted it as a stable dividend stock with a low valuation. However, the rapidly shifting situation indicates it's time to close this position and stick with safer domestic dividend stocksinstead. I'll need to take a loss here, but it's better than getting stuck with a frozen position that ...

  5. Find the latest China Mobile Limited (0941.HK) stock quote, history, news and other vital information to help you with your stock trading and investing.

  6. Oct 27, 2021 · BNY Mellon, as Depositary, has terminated the ADR facility of China Mobile Limited (CHL). The period for ADR holders to cancel their American Depositary Shares (“ADSs”) has expired, and BNY Mellon has accordingly sold all remaining deposited securities representing outstanding CHL ADSs.

  7. Nov 3, 2021 · BNY Mellon, as Depositary, has terminated the ADR facility of China Mobile Limited (CHL). The period for ADR holders to cancel their American Depositary Shares (“ADSs”) has expired, and BNY Mellon has accordingly sold all remaining deposited securities representing outstanding CHL ADSs.

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