The Chinese telecommunications company mayors will be evicted from Wall Street | International

Apenas unos días antes de la toma of posesión of Joe Biden como presidente of the EE UU (20 de enero), las tres mayores companies companies of telecommunications chinas —China Mobile, China Telecom en China Unicom (Hong Kong) Limited— serán expulsadas de la contribution to the New York Stock Exchange and will be deferred to hold access, for example, to the financial market of EE UU, the mayor of the world. A decision, however, most symbolic and effective, is the horror of its contributions to Hong Kong.

The decision responds to an executive order issued by Donald Trump in November, in which it banned foreign nationals from investing in Chinese companies that had some vengeance with the Beijing Pact. Between the companies listed by Casa Blanca estaban las tres telekos, together with others such as Huawei, TikTok and Tencent, to represent Washington’s jurisdiction over national security. It is, therefore, a political decision that produces a decade of despair that the Bolsheviks will bring to the great Chinese giants in order to contribute in their market and attract inversions.

The next week, the shares of these three companies will not be listed on Wall Street, following the note published by the New York Stock Exchange, and its final suspension of the indices will be produced between days 7 and 11.

The protests of China do not have any hope. The Minister of Exteriors, Wang Yi, assured, in an interview with local media reported by Reuters, that the media gave the two countries a serious series on the global economy. More aggressively, the Ministry of Commerce is issuing a note denouncing the abuse of the initiative and its inconsistency with respect to the market rules and advertising that Tomará “retaliates” to protect the rights of companies. The media, however, has not taken any improvisation on Chinese authorities, as many of the executives of Trump’s executive order in November have been alerted to the administration’s intention to reduce financial profits between the two countries. hecho, analysts from Gavekal Research, Hong Kong investment firm, vincularon the move passed Pekín’s decision to impress the Ley de Seguridad Nacional in the antigua British colony with the need to assume the full control of the financial market of the enclave.