NYSE starts process of delisting three Chinese telecom companies


NEW YORK/WASHINGTON (Reuters) - The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled by the military.

The move by the NYSE, which will limit U.S. investor access, follows global index providers MSCI Inc, S&P Dow Jones Indices and FTSE Russell and Nasdaq deleting various Chinese companies from their indexes. It's "a modest step, but at least an awakening.....

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