China’s Three Big Telcos Slide on NYSE Move to Delist Shares

  • Little impact on businesses, Chinese regulator CSRC says
  • China Mobile shares trading near lowest level since 2006
Photographer: Michael Nagle/Bloomberg
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China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it’s delisting them to comply with a U.S. executive order that sanctioned companies identified as affiliated with the Chinese military.