New York Stock Exchange Reverses Course Again, Will Delist 3 Chinese Telecom Firms After All

New York Stock Exchange Reverses Course Again, Will Delist 3 Chinese Telecom Firms After All
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on March 20, 2020. Spencer Platt/Getty Images
Reuters
Updated:

The New York Stock Exchange said on Jan. 6 that it will delist three Chinese telecom companies beginning on Jan. 11, in another U-turn a day after U.S. Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with its earlier decision to reverse the delistings.

The latest move marks the third about-turn, amid confusion over rules set by the Trump administration and escalating tensions within Washington on China policy.