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WASHINGTON (Reuters) -Nasdaq Inc has withdrawn a decision to delist the shares of Luokung Technology Corp, the Chinese mapping technology company said on Thursday, after a U.S. judge suspended an imminent investment ban imposed under the former Trump administration.
CHICAGO: It’s the end of an era for open outcry commodities trading, made famous by the film “Trading Places” with Eddie Murphy and Dan Aykroyd.
HONG KONG: Bilibili Inc, which is backed by Alibaba Group, tumbled as much as 6.8% in its Hong Kong stock debut on Monday as analysts said a U.S. regulatory crackdown on listed foreign firms hit enthusiasm for the Chinese online video site.
THE government, on Wednesday, launched a sixth stimulus package since March last year, as policymakers concentrate on targeted measures to boost the economy hammered by the pandemic
Given that delisting risks remain for FGV Holdings Bhd (FGV), CGS-CIMB Research is keeping a “hold” call on the planter with a target price of RM1.30 premised on the previous takeover offer price and in anticipation that the Federal Land Development Authority (Felda) would still pursue a delisting.
KUALA LUMPUR: FGV Holdings Bhd said it controlling shareholder, the Federal Land Development Authority (Felda), needed more time to formulate a plan on the group's listing status after failing to obtain sufficient shares to delist the company.
BEIJING, March 10, Global Times: Yet another Chinese company looked set to be kicked out of the New York Stock Exchange (NYSE) on Tuesday due to last-ditch efforts by then outgoing US President Donald Trump to push for a so-called China-US decoupling, as newly installed US President Joe Biden has made no effort to reverse those mutually destructive policies, dimming the prospect of even a certain degree of de-escalation in China-US ties which are at their lowest point in decades.
NEW YORK: China National Offshore Oil Corp (CNOOC) has said it regrets the decision made by the New York Stock Exchange (NYSE) to delist its American depositary shares (ADS).
NEW YORK: The New York Stock Exchange on Friday decided to begin formal delisting of Chinese state oil giant CNOOC Ltd based on an update to an executive order signed by former U.S. President Donald Trump in November last year.
KUALA LUMPUR: TA Enterprises Bhd said its founder Datuk Tony Tiah Thee Kian has today gained 90% control of its stocks and will proceeding with his plan to delist the company.