World

Five major Chinese firms to delist from NYSE: Statements


By AFP
Published : 12 Aug 2022 07:50 PM | Updated : 12 Aug 2022 07:50 PM

Five major Chinese companies including two  of the country's largest oil producers will delist from the New York Stock  Exchange, the firms said in filings on Friday.

Sinopec and PetroChina -- two of the world's biggest energy firms -- will  apply for "voluntary delisting" of their American depositary shares, the  companies said in separate statements. 

The Aluminum Corporation of China, also known as Chalco, as well as China  Life Insurance and a Shanghai-based Sinopec subsidiary, announced similar moves on Friday.