“Re-review of the Chinese news agency’s banknote”… Chinese “I can’t trust the entertainment” (general)

New York Stock Exchange in Manhattan, USA
New York Stock Exchange in Manhattan, USA

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(Seoul-Beijing = Yonhap News) Correspondent Gwi-won Lee, correspondent Kim Jin-bang = The New York Stock Exchange (NYSE), which withdrew its decision to delist the three major Chinese telecommunications companies, relisted after the phone call of US Treasury Secretary Stephen Manusin Bloomberg reported, citing three sources, that the abolition was being considered.

According to reports, Secretary Manusin called NYSE’s Chief Executive Officer Stacy Cunningham and expressed his opposition to the reversal of the original decision to delist three companies, China Mobile, China Telecom, and China Unicom.

Bloomberg added that White House Secretary Mark Meadows, National Security Adviser Robert O’Brien, and White House National Economic Commissioner Larry Kurdlow were also involved in the US administration’s response.

He pointed out that NYSE’s fluctuating moves are instilling confusion in the financial market over a series of policies, including an executive order banning investment in companies affiliated with the Chinese military last November.

In this regard, sources said that after the NYSE made a decision to delist in order to comply with the executive order, the policy was withdrawn within four days when questions were raised whether the banned company was correct, and that if the government confirmed the banned companies, they would enforce the delisting. .

Chinese authorities raised their voices of criticism, saying that the news from the US is not reliable, saying that the news from the United States comes and goes.

Chinese Foreign Ministry spokesman Hua Chun-ying said at a regular briefing on the 6th (local time), “The news from the US is fluctuating, but China’s position on this issue is very clear.” “The suppression of foreign companies listed on the US stock market without it shows the randomness and uncertainty of US laws and regulations.”

“The impact of US repression on Chinese companies is quite limited,” said a spokesperson for Hua.

He continued, “Not only China, but all other countries are watching how the United States will behave.” Warned.

Earlier, NYSE announced on the 31st of last month that it had decided to delist three companies: China Mobile, China Telecom, and China Unicom on the 7th and 11th of this month.

It was then announced that they decided not to withdraw these three companies from the stock market after additional consultations on the 4th, four days later.

China Mobile (PG) in the US-China conflict
China Mobile (PG) in the US-China conflict

[제작 이태호] Photo synthesis, illustration

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