Bloomberg reported (January 5) that, in a surprise move, the New York Stock Exchange (NYSE) said it will no longer delist China’s three biggest state-owned telecommunications companies, backtracking on its earlier decision. The previous day, in compliance with US President Trump's order in November, the New York Stock exchange (NYSE) had moved to delist three Chinese State-owned telecom companies namely, China Mobile, China Telecom and China Unicom. China Unicom and China Mobile had said they’re reviewing ways to protect their “lawful rights” while China Telecom said it’s considering options to “safeguard the legitimate interests of the company.”

(Comment: The combined market value of China-domiciled companies with at least a portion of their shares traded in the U.S. now stands at upwards of $1.9 trillion, a list that includes blue-chip names from Alibaba Group Holding Ltd. to NetEase Inc. and JD.com Inc.)