In a sudden reversal, the New York Stock Exchange (NYSE) said it will no longer delist China's three largest state-owned telecommunications corporations allegedly linked to the Chinese military. In a statement, the world's biggest stock exchange said it dropped the plans after “further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control.” The announcement comes four days after the NYSE said it would remove the shares of China Mobile, China Telecom, and China Unicom Hong Kong that had been present on the US market for nearly two decades. Also on rt.com
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