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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.

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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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Fucking kek so that’s what all this bullshit is about. The Chinese gov shitting their pants because the new wave of CCP billionaires were about to get their sketchy chink corporations cut off from the western money printer go brrrrrr gravy train that’s been going bananas these last few years. Good thing Biden and Co are so friendly with China am I right? . The Biden’s would surely stop the exchanges from following an executive order from the past administration that called for the delisting of CCP chinkcom ponzi pot companies on the American stock exchanges . Gotta maintain access to that western goyem Robinhood/wallstreetbets money