Stock Market

Trump officials considering delisting Chinese companies from US exchanges: Bloomberg

   Download Android App    Share in      FullScreen   CheckVideos

The Trump administration is considering delisting Chinese firms from U.S.

stock exchanges, according a Bloomberg report on Friday, sending shares of those companies sharply lower. Exact mechanisms for how to delist the companies were yet to be worked out and any plan is subject to approval by President Donald Trump, who has given the green light to the discussion, Bloomberg reported, citing a person close to the deliberations. Shares of Alibaba Group Holding, JD.com, Pinduoduo, Baidu, Vipshop Holdings, Baozun and IQIYI fell between 2% to 4% in afternoon trading. White House officials are also discussing ways to limit U.S.

portfolio flows into China, Reuters reported, citing a U.S.

government official. Trade talks between the United States and China are set to resume on Oct.

10 in Washington, CNBC reported on Thursday, citing three people close to the talks. White House was not immediately available for a comment.




Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021

Buy Our Merchandise (Peace Series)

 

Contribute US to Start Broadcasting


It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm

STRIPE

Details
Category: Stock Market


21