INSR

Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

SHANGHAI/HONG KONG/NEW YORK, Aug 12 (Reuters) – Five U.S.-listed Chinese state-owned companies whose audits are under scrutiny by the U.S. securities regulator said on Friday they would voluntarily delist from the New York Stock Exchange. Oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), Aluminium Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and a separate …

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HSBC rebuffs Ping An call for break-up, arguing it would be costly

HSBC rebuffs Ping An call for break-up, arguing it would be costly

A woman wearing a protective face mask walks past a logo of HSBC bank at the financial and business district of La Defense near Paris, France May 11, 2020. REUTERS/Gonzalo Fuentes/ Register now for FREE unlimited access to Reuters.com Register HSBC to revert to paying quarterly dividends from 2023 Aims to win over investors with …

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