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Daily Crunch: NYSE won’t delist Chinese telcos



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The New York Stock Exchange reverses course, Nintendo acquires a game studio and an Indian electronics and lifestyle startup raises $100 million. This is your Daily Crunch for January 5, 2021.
The big story: NYSE won’t delist Chinese telcos
The New York Stock Exchange is reversing a recent decision to delist China’s three major telecom operators — China Mobile, China Unicom and China Telecom — which was supposed to be part of a Trump administration policy to block investment in companies that supply and support China’s military.
The exchange said the reversal is taking place “in light of further consultation with relevant …

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