The New York Stock Exchanged announced that Executive Order 13959 prohibits, beginning at 9:30 a.m. eastern standard time on January 11, 2021, any transaction in publicly traded securities, or any securities that are derivative of, or are designated to provide investment exposure to, companies identified as a Communist Chinese Military Company. It added, “In light of further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control FAQ 857, NYSE Regulation has announced that it no longer intends to move forward with the delisting action that was announced on December 31, 2020” for China Telecom (CHA), China Mobile (CHL) and China Unicom (CHU).
previous post
next post