The exchange said Wednesday it would end stock trading China Mobile (CHL), China Telecom (NO) i China Unicom (CHU) on January 11th. The decision comes after President Donald Trump banned Americans late last year from investing in companies that U.S. governments suspect are owned or controlled by the Chinese military.
The NYSE has abruptly changed its position on the issue twice, sowing confusion among investors and killing the shares of companies.
The stock exchange first announced last week that it would ban shares of China Mobile, China Telecom and China Unicom. But it changed course on Monday, citing “a new consultation with the relevant regulatory authorities”.
On Wednesday, the stock market had returned to its original position, citing a “new specific guidance” from the U.S. Treasury Department that was delivered on Tuesday.
– This story will be updated.