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BEIJING (Xinhua): The United States’ act of abusing national security to suppress Chinese companies is inconsistent with market rules and will weaken the confidence of all parties in the US capital market, it said on Saturday (January 2). ) a spokesman for the Ministry of Commerce of China. .
The spokesperson made the remarks in response to the New York Stock Exchange’s announcement on Thursday to delist China Telecom Corporation Ltd, China Mobile Ltd, and China Unicom (Hong Kong) Ltd.
The United States’ act of abusing national security and using state power to suppress Chinese companies is inconsistent with market rules and goes against the logic of the market, the spokesman said.
The move will not only harm the legitimate rights and interests of Chinese companies, but also the interests of investors from other countries, including the United States, the spokesperson said, adding that it will seriously undermine the confidence of all parties in the capital market. American. .
China opposes the United States’ act of abusing national security and labeling Chinese companies as so-called “Communist Chinese military companies” and will take necessary steps to resolutely safeguard the legitimate rights and interests of Chinese companies, the spokesman said. .
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