Shares of three major Chinese telecom carriers will be delisted from the New York Stock Exchange after their appeals against being delisted were rejected, based on separate filings in Hong Kong, The Wall Street Journal reported Friday.
China Mobile, China Unicom (Hong Kong), and China Telecom all said they expect the NYSE to request permission from the Securities and Exchange Commission to delist their American depositary receipts. This will take effect 10 days after the SEC is informed.
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