That executive order of Trump's will turn out to be very lucrative. Trump can now seize the stock exchange.
That executive order of Trump's will turn out to be very lucrative. Trump can now seize the stock exchange.
In a bizarre turn of events, NYSE has decided to reverse its previous decision (from last Thursday) to follow President Trump's Executive Order to delist three Chinese Telecom giants (China Mobile, China Telecom, and China Unicom Hong Kong) identified as "affiliated with the Chinese military".
The investment ban will take effect on Jan. 11, just days before President-elect Joe Biden is due to be inaugurated, and according to NYSE on Thursday, trading in the three companies was to be suspended possibly as soon as Jan. 7 or as late as Jan. 11.
more ...
In a bizarre turn of events, NYSE has decided to reverse its previous decision (from last Thursday) to follow President Trump's Executive Order to delist three Chinese Telecom giants (China Mobile, China Telecom, and China Unicom Hong Kong) identified as "affiliated with the Chinese military".
The investment ban will take effect on Jan. 11, just days before President-elect Joe Biden is due to be inaugurated, and according to NYSE on Thursday, trading in the three companies was to be suspended possibly as soon as Jan. 7 or as late as Jan. 11.
more ...
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