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U.S. Treasury says no plans to block Chinese listings 'at this time': Bloomberg

Stock MarketsSep 28, 2019 06:51PM ET
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(Reuters) - The United States does not currently plan to stop Chinese companies from listing on U.S. exchanges, Bloomberg reported on Saturday, citing a U.S. Treasury official.

"The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time," Bloomberg quoted https://bloom.bg/2obHkDb Treasury spokeswoman Monica Crowley as saying.

Reuters reported on Friday that President Donald Trump's administration is considering delisting Chinese companies from U.S. stock exchanges in a move that would be part of a broader effort to limit U.S. investment in Chinese companies.

The Treasury did not immediately respond to a Reuters request for comment.

(This story has been refiled to add dropped 'not' in first paragraph)

U.S. Treasury says no plans to block Chinese listings 'at this time': Bloomberg
 

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Comments (10)
Jon Buh
Jon Buh Sep 29, 2019 9:55AM ET
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at this time
Zack Persie
Zack Persie Sep 28, 2019 11:53PM ET
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Trump manipulating the market again?
Dee Morris
Dee Morris Sep 28, 2019 10:55PM ET
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Again, this article is manipulation using the wording "at this time"- just rediculous.
Dee Morris
Dee Morris Sep 28, 2019 10:52PM ET
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Crowley is not Trump. Why question this person, Trump makes the calls and he will make many before China Trade talks on 10/10./19. Again, this article is useless-,her statement is not important.
Song Li
Song Li Sep 28, 2019 10:08PM ET
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Trump should be impeach for manipulate at Large.
Luis Reynoso
Luis Reynoso Sep 28, 2019 9:36PM ET
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Once again we have the worst US president in history making alterations to the economy without a plan. Obviously, he has no knowledge of world supply chains and how they are affected by tariffs. Now, he is going after delisting of companies. Somebody please tell him this is not a venture that he can just file bankruptcy later if things don't work. It's not like managing any of his failed businesses.
Sim Eng
Sim Eng Sep 28, 2019 9:13PM ET
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Unless US ready tor China to pull put out more than a trillion from its index...
Dee Mehta
DMFINANCE Sep 28, 2019 9:01PM ET
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The news though says ‘not yet’. This new idea has been seeded now. A warbing shot in veil.
Cee Kay
Cee Kay Sep 28, 2019 8:41PM ET
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As expected... The market was manipulated with fake news
Fei Cai
Fei Cai Sep 28, 2019 8:41PM ET
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bears have been played, strong bulls and insiders added longs on Friday
David David
David9 Sep 28, 2019 8:38PM ET
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I told you guys ... US will not dare block them. If we do, expect for a loud China roar at any real news of that happening, and market worldwide will tumbled to pieces.
 
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