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NYSE said it dropped its plan to delist three Chinese telecom companies just four days after announcing the de FTSE Russell said it will delist three Chinese firms from its global equity indexes Shares of the three telecommunication giants surged in after the NYSE announcement The New York Stock Exchange (NYSE) dropped its plan to delist three Chinese telecom companies including China Telecom (NYSE: CHA), China Mobile (NYSE: CHL) and China Unicom (NYSE: CHU), just four days after it announced its decision. Fundamental analysis: An unexpected change in the direction The world’s largest stock exchange said it reconsidered its decision following “further consultation with relevant regulatory authorities in connection with the Office of Foreign Assets Control.” Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Just four days earlier, the exchange announced its decision to delist shares of those three companies, in accordance with the executive order issued by President Donald Trump signed in November, which sought to prevent U.S. companies from investing in companies that the U.S. government alleged aid of the Chinese military. Popular stock indices including MSCI, S&P Dow Jones Indices and FTSE Russell and the trading application Robinhood
The market capitalization of the crypto market soared by over 35% to $1.048 trillion Bitcoin’s (BTC) impressive bullish run is paving the way for altcoins to follow higher UMA, OMG, and OCEAN prices are all trading higher in January The total value of all cryptocurrencies has exceeded the $1 trillion threshold Wednesday, according to the TradingView data. Fundamental analysis: Bitcoin leads the way In less than a week, the market capitalization of the crypto market soared by over 35% to $1.048 trillion. Bitcoin’s (BTC) impressive bullish run is paving the way for altcoins to follow higher. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Total crypto market cap (TradingView) “The $1 trillion mark cements cryptocurrency as a investable asset class that no longer sits on the fringes of Traditional Finance as a toy for retail investors. It demonstrates that this asset class is large enough to absorb large orders like we’ve seen recently with the slew of institutions entering over the last few months,” said Jack Purdy, decentralized finance analyst at Messari. Bitcoin price received another major boost yesterday when analysts from JPMorgan said that the world’s largest digital
