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January 7, 2021

ATFX, Delisting Details of China Mobile Co., Ltd. and China Telecom Co., Ltd.

China Mobile Co., Ltd. and China Telecom Co., Ltd. will be delisted by the New York Stock Exchange (NYSE).

Delisting-Details-of-China-Mobile-Co.,-Ltd.-and-China-Telecom-Co.,-Ltd. Delisting-Details-of-China-Mobile-Co.,-Ltd.-and-China-Telecom-Co.,-Ltd.

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.

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