{"id":23444,"date":"2021-01-01T08:18:03","date_gmt":"2021-01-01T08:18:03","guid":{"rendered":"http:\/\/www.banglanewsus.com\/english\/?p=23444"},"modified":"2021-01-01T08:18:03","modified_gmt":"2021-01-01T08:18:03","slug":"wall-street-to-kick-out-chinese-telecom-giants","status":"publish","type":"post","link":"https:\/\/www.banglanewsus.com\/english\/2021\/01\/01\/wall-street-to-kick-out-chinese-telecom-giants\/","title":{"rendered":"Wall Street to kick out Chinese telecom giants"},"content":{"rendered":"<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>China Mobile, China Telecom and China Unicom Hong Kong have all been targeted by the Trump administration.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>Shares in the telecoms giants will be suspended on the NYSE next week while proceedings to delist them have begun.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The companies earn all of their revenue in China and have no significant presence in the US.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The delisting is seen more as a symbolic blow amid heightened geo-political tensions between the US and China.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-uf6wea-RichTextComponentWrapper e1xue1i83\" data-component=\"text-block\">\n<div class=\"css-83cqas-RichTextContainer e5tfeyi2\">\n<p>The three firms&#8217; shares are thinly traded in the US compared to their primary listings in Hong Kong. The state-owned companies dominate the telecoms industry in China.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>China Mobile, China Telecom and China Unicom Hong Kong have all been targeted by the Trump administration. Shares in the telecoms giants will be suspended on the NYSE next week while proceedings to delist them have begun. The companies earn all of their revenue in China and have no significant presence in the US. The delisting is seen more as a symbolic blow amid heightened geo-political tensions between the US and China. The three firms&rsquo; shares are thinly traded in the US compared to their primary listings in Hong Kong.<\/p>\n","protected":false},"author":4,"featured_media":23445,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[30,12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/23444"}],"collection":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/comments?post=23444"}],"version-history":[{"count":1,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/23444\/revisions"}],"predecessor-version":[{"id":23446,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/23444\/revisions\/23446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media\/23445"}],"wp:attachment":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media?parent=23444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/categories?post=23444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/tags?post=23444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}