China Mobile shares rise in Shanghai debut after US exit
The company delisted in New York after a Trump-era move to restrict investment in Chinese tech firms. …
Ms Xiang also highlighted that more US-listed Chinese firms may take similar steps to safeguard their share listings: “There are dozens of Chinese companies listed on US exchanges that might seek a listing in Hong Kong this year to secure their shares remain publicly traded, in case the two countries couldn’t reach a solution for Chinese firms to remain listed in the US.”
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