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China telco shares lose 5% in first trading day since NYSE delisting announcement

China telco shares lose 5% in first trading day since NYSE delisting announcement

SHANGHAI (Reuters) -China’s three biggest telcos saw their shares drop as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms under a plan China branded “political” and of “limited” impact.
Published 04 Jan, 2021 10:00am