Several Chinese state-owned companies to delist from NYSE
59 Articles
59 Articles
5 Chinese state-owned companies to delist from NYSE amid US tensions
SHANGHAI/HONG KONG - Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance, said on Friday (Aug 12) they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco), PetroChina and a separate Sinopec entity, Sinopec Shanghai Petrochemical, each said they...
Five state-owned Chinese companies to delist from New York Stock Exchange
By Tara Subramaniam and Philip Wang, CNNFive state-owned Chinese companies, including the country’s leading energy and chemical company, have chosen to delist from the New York Stock Exchange by the end of August.In separate statements issued Friday, China Life Insurance, PetroChina, Sinopec, Aluminum Corporation of China and Sinopec Shanghai Petrochemical said they had notified the NYSE and applied for “voluntary delisting.”All five companies c…
Several Chinese companies are delisted from the USA Stock Exchange
Five major Chinese companies will be delisting from the New York Stock Exchange. It stated the companies during Friday. These are Aluminium Corporation of China, China Life Insurance, Petrochina, Sinopec, and one of the latter's subsidiaries. Sinopec and Petrochina are two of the world's biggest oil firms. The delisting takes place voluntarily and is said to be due to...
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