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Telecom giants demand to remain on NYSE

It is the season for reversing the resolutions of Donald Trump. China’s big three telecom companies are also hoping for that. China Telecom, China Mobile, and China Unicom were targets of Trump’s attacks toward the end of his term. Now they are jointly addressing the New York Stock Exchange (NYSE). Their request: reconsidering the decision to delist their shares in the US. In a notice to the Hong Kong Stock Exchange, however, the three companies concede that their maneuver may not succeed, despite the change in administration. In any case, the legal situation is currently very unclear.

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