This past Thursday, the New York Stock Exchange (NYSE) said that it would stop handling transactions involving the securities of China Mobile, China Unicom and China Telecom. The move by the securities exchange comes after U.S. President Donald Trump, back in November, banned American companies and consumers from investing in 31 outfits that Trump said are owned or controlled by the Chinese military.
Among the three telecom firms mentioned by the NYSE last week, China Mobile is the world’s largest wireless provider. As of last October, the carrier had more than 946 …
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