Decision could have larger effect on the firms’s shares than the New York Stock Exchange’s move to delist them. MSCI Inc. will remove China’s three major telecommunications companies from its indexes on Friday, giving global funds just one day to adjust billions
Asian stocks headed higher on Tuesday with Chinese stocks getting a boost after the New York Stock Exchange made a surprise about-turn on its decision to delist the shares of three of China’s biggest telecommunications companies. Qatari stocks were also up sharply
Chinese oil firms Cnooc, PetroChina and Sinopec may be removed from US exchanges due to military links, analysts say. Chinese oil majors may be next in line for delisting in the US after the New York Stock Exchange said last week it
More than 1,500 towers attacked in Punjab state as anger grows against companies which are seen as the beneficiary of the new farm laws. More than 1,500 telephone towers have been vandalised in the northern Indian state of Punjab where farmers have