China state-owned companies to delist from New York Stock Exchange


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Five state-owned Chinese companies, including the country's leading energy and chemical firm, have chosen to delist from the New York Stock Exchange (NYSE) by the end of August, the media reported. In separate statements issued on Friday, China Life Insurance, PetroChina, Sinopec, Aluminum Corporation of China and Sinopec Shanghai Petrochemical said they had notified the NYSE and applied for "voluntary delisting", reports CNN.