Chinese Oil Giants Sinopec And PetroChina To Delist From NYSE ...Middle East

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Chinese Oil Giants Sinopec And PetroChina To Delist From NYSE
source : OILPRICE ( Middle East ) () 27
Chinese state-controlled oil giants Sinopec and PetroChina said on Friday that they intended to delist from the New York Stock Exchange, along with two other state-held firms.   The announcement for the delisting of the shares or the American Depositary Shares (ADSs) from the NYSE comes amid protracted talks between China and U.S. regulators about audit rules, as well as heightened U.S.-China tensions after the visit of U.S. House Speaker Nancy Pelosi to Taiwan last week.   Apart from Sinopec and PetroChina, the other firms…

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