{"id":119654,"date":"2021-01-04T16:08:13","date_gmt":"2021-01-04T09:08:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-big-telcos-lose-another-us1-5-billion-of-market-value-in-sell-off-on-nyse-delisting-plan-despite-late-rebound\/"},"modified":"2021-01-04T17:17:29","modified_gmt":"2021-01-04T10:17:29","slug":"chinas-big-telcos-lose-another-us1-5-billion-of-market-value-in-sell-off-on-nyse-delisting-plan-despite-late-rebound","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-big-telcos-lose-another-us1-5-billion-of-market-value-in-sell-off-on-nyse-delisting-plan-despite-late-rebound\/","title":{"rendered":"China\u2019s Big Telcos lose another US$1.5 billion of market value in sell-off on NYSE delisting plan despite late rebound"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s Big Telcos slumped in Hong Kong trading before a late buying support helped pare losses triggered by the New York Stock Exchange\u2019s decision to delist their American depositary receipts from later this week.Investors dumped China Mobile, China Unicom and China Telecom in Hong Kong in early trading on Monday on concerns the NYSE action would force investors to convert their ADRs into those traded in the city to comply with a US executive order.The stock slump wiped out about HK$12 billion\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3116358\/chinas-big-telcos-lose-another-us15-billion-market-value-sell-nyse\" target=\"_blank\">China\u2019s Big Telcos lose another US.5 billion of market value in sell-off on NYSE delisting plan despite late rebound<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s Big Telcos slumped in Hong Kong trading before a late buying support helped pare&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119654","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v7U","jetpack-related-posts":[{"id":159132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-delists-from-hkex-in-milestone-for-chinas-property-crisis\/","url_meta":{"origin":119654,"position":0},"title":"Evergrande delists from HKEX in milestone for China\u2019s property crisis","date":"August 12, 2025","format":false,"excerpt":"\r China Evergrande Group on Tuesday said that its Hong Kong shares will be removed on August 25 following the stock exchange\u2019s delisting decision, which the company does not intend to have reviewed. The world\u2019s most indebted property developer was informed by the local bourse on Friday that its listing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158341,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-nears-delisting-as-18-month-suspension-deadline-expires\/","url_meta":{"origin":119654,"position":1},"title":"China Evergrande nears delisting as 18-month suspension deadline expires","date":"July 29, 2025","format":false,"excerpt":"\r China Evergrande Group is edging closer to delisting from the Hong Kong stock exchange, as the trading suspension imposed following its court-ordered liquidation hit the 18-month mark. The company\u2019s shares have been suspended from trading since January 29, 2024 \u2013 the same day a Hong Kong court ordered its\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/just-how-much-is-chinas-richest-man-willing-to-pay-to-delist-wanda-commercial-from-hong-kong\/","url_meta":{"origin":119654,"position":2},"title":"Just how much is China\u2019s richest man willing to pay to delist Wanda Commercial from Hong Kong?","date":"April 25, 2016","format":false,"excerpt":"\r The market is anxiously waiting for Dalian Wanda Commercial Properties, controlled by China\u2019s richest man Wang Jianlin, to finalise an offer price for existing shareholders in Hong Kong for delisting the share in the city after just 15 months of its listing here.\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beike-zhaofang-stock-surges-on-nyse-debut-after-solid-ipo-reception-shrugging-off-external-noise-amid-frayed-us-china-relations\/","url_meta":{"origin":119654,"position":3},"title":"Beike Zhaofang stock surges on NYSE debut after solid IPO reception, shrugging off \u2018external noise\u2019 amid frayed US-China relations","date":"August 14, 2020","format":false,"excerpt":"\r KE Holdings\u2019 shares almost doubled when they changed hands for the first time on the New York Stock Exchange as investors piled into the biggest initial public offering (IPO) by a Chinese company on a US bourse in more than two years.Its American depositary shares (ADS) fetched US$35.06 in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stock-in-chinas-sunac-plunges-after-it-seeks-to-raise-us1-billion-through-share-placement\/","url_meta":{"origin":119654,"position":4},"title":"Stock in China\u2019s Sunac plunges after it seeks to raise US$1 billion through share placement","date":"December 15, 2017","format":false,"excerpt":"\r Shares of property developer Sunac China Holdings slumped by as much as 10 per cent on Friday after it said it would raise HK$7.82 billion (US$1 billion) through a share placement. The firm, chaired by billionaire Sun Hongbin, has agreed to sell 251.5 million shares at HK$31.1 each, an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-chinas-third-largest-developer-seeks-to-ease-coronavirus-pain-by-floating-additional-shares-in-hong-kong-and-raising-us1-billion\/","url_meta":{"origin":119654,"position":5},"title":"Vanke, China\u2019s third-largest developer, seeks to ease coronavirus pain by floating additional shares in Hong Kong and raising US$1 billion","date":"June 4, 2020","format":false,"excerpt":"\r China Vanke, the mainland\u2019s third-largest home builder, aims to raise HK$7.87 billion (US$1.01 billion) in fresh capital to repay overseas debt and boost its working capital by floating additional shares in Hong Kong.In a filing to the city\u2019s exchange on Thursday, Vanke said it will sell 315.59 million shares\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119654"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=119654"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}