Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen correspondent: An Israeli drone attacked the main road in the town of Harouf, South Lebanon.
Lebanese President: Israeli aggression on Blida took place in aftermath of meeting of ceasefire monitoring committee.
Lebanese President Joseph Aoun asks Commander of Lebanese Army to confront any Israeli incursion into liberated Lebanese territory in the South.
Al Mayadeen's correspondent: Israeli aircraft launch series of strikes on area of Jarmaq, South Lebanon.
Reuters: Afghanistan and Pakistan agree to restart peace talks in Istanbul.
Al-Mayadeen's correspondent in southern Lebanon: Israeli occupation forces withdraw from the Blida municipality building two hours after occupying it, and the Lebanese army enters
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.

Chinese firms to apply for voluntary delisting from NYSE

  • By Al Mayadeen English
  • Source: Agencies
  • 12 Aug 2022 16:32
  • 1 Shares
2 Min Read

Five Chinese companies, Sinopec, PetroChina, Aluminum Corporation of China (Chalco), China Life Insurance, and a Shanghai-based Sinopec subsidiary, have announced their delisting from the New York Stock Exchange as tensions between Washington and Beijing mount

  • x
  • Fifve Chinese companies to delist from New York Stock Exchange
    Five Chinese companies to delist from New York Stock Exchange

Five Chinese companies, announced, on Friday, that they will delist from the New York Stock Exchange. The Five companies, Sinopec, PetroChina, Aluminum Corporation of China (Chalco), China Life Insurance, and a Shanghai-based Sinopec subsidiary, have announced the delisting as tensions between Washington and Beijing mount following US House Speaker Nancy Pelosi visiting Taiwan.

In separate statements, Sinopec and PetroChina have confirmed that they will apply for "Voluntary delisting" whereas Chalco, as well as China Life Insurance, and a Shanghai-based Sinopec subsidiary have also revealed they will take similar actions.

According to information published by the US Securities and Exchange Commission, the five companies were given the choice of either complying with Wall Street's new audit requirement or facing delisting by Wall Street.

Various statements issued by the companies entailed that the respective company will end trading with the NYSE as early as September. The companies said that the cost of remaining enlisted has become a burden and that the reporting obligations required by the NYSE became very strenuous after they took effect last year.

China's securities regulator stated on Friday that the five companies made the decision to delist "out of their own business considerations" adding that the decision "will not affect the companies' continued use of domestic and foreign capital markets for financing and development."

Related News

EU unveils rare earths plan in attempt to cut dependence on China

Taipei turns to MAGA influencers ahead of Trump-Xi talks

On August 6, Qin Gang held the US fully responsible for the increased US-China tensions according to Sputnik.

China announced Friday it will be ending cooperation with the United States on important issues such as climate change, anti-drug efforts, and military talks, as Sino-US relations deteriorate after Washington stubbornly made its way to Taiwan, breaching Chinese sovereignty.

The United States and China, two of the world's largest polluters, put their hands together last year to work together to accelerate climate action. 

Furthermore, in response to the visit, China has encircled the island with a series of huge military drills.

Pelosi, after the visit, was sanctioned by Beijing.

Read more: US could exploit tensions around Taiwan: China FM

 

  • NYSE
  • China
  • Beijing
  • Washington
  • US
  • Stock market

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025

Coverage

All
War on Gaza

Read Next

All
ap
Politics

Hamas calls on int’l community to act against Israeli settlement plan

In this Nov. 9, 2017, file photo, U.S. President Donald Trump, right, chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. (AP)
Economy

Ex-US diplomat says Trump-Xi deal 'tactical retreat', not lasting deal

An unarmed Minuteman II intercontinental ballistic missile launches from Vandenberg Air Force Base, California, during a test in 2002. (US Air Force)
Politics

JD Vance defends Trump's nuclear test plan as 'crucial for security'

Ultra-Orthodox Jews attend the "million man" protest against military conscription, in occupied al-Quds, October 30, 2025 (AFP)
Politics

Haredi mass rally in al-Quds exposes Zionist regime's growing crisis

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS