Suspended for China Mobile Co., Ltd. and China Telecom Co., Ltd. CFDs trading
The New York Stock Exchange (NYSE) announced again on Tuesday, January 5, 2021, it will continue the plan to delist the three largest Chinese telecommunications companies to comply with an executive order by President Donald Trump targeting companies affiliated with the Chinese government.
Trading of American depositary shares of China Mobile Ltd. (CHL.N), China Telecom Corp. Ltd. (CHA.N) and China Unicom (Hong Kong) Ltd. (CHU.N) will be suspended start on January 11, 2021 and proceedings to delist them have started, according to a statement by the exchange.
Therefore, the China Mobile Co., Ltd. (CHL.N) and China Telecom Co., Ltd. (CHA.N) CFDs products provided by the ATFX will have the following arrangements:
|Share CFDs||Trading Symbols||Date||Trading Arrangements|
|China Mobil Co., Ltd CFD||#CHL||January 4, 2021, to January 8, 2021||Close Only|
|China Telecom Co., Ltd CFD||#CHA||Market closes on January 8, 2021||Liquidate all open positions at the closing price|
For the list of available CFD products available for trading on ATFX MT4 and MT5, please go to ATFX Official Website.