The US Department of Commerce has told Huawei suppliers that it intents to deny “a significant number of license requests” to Huawei.
PayPal is the first foreign firm to fully own a licensed payment operator in China, as regulators seek to liberalize the finance sector.
US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.
MicroBT, one of China’s top cryptocurrency mining equipment manufacturers, plans another round of fundraising prior to the IPO.
The NYSE said Wednesday it will stick to its original plans to delist three Chinese telecom companies after an earlier reversal of the decision.
The New York Stock Exchange said on Monday it no longer plans to delist China’s three major telecom companies, reversing a decision made last week.
Three state-owned telco shares dropped even as China tries to downplay the impact of the New York Stock Exchange’s delisting decision.