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Sinopec and PetroChina to Delist From NYSE. Alibaba Stock Slumps on Concern.

·2 min read
Sinopec and PetroChina to Delist From NYSE. Alibaba Stock Slumps on Concern.

PetroChina, Sinopec, and China Life Insurance, and two other China corporate giants said they will voluntarily give up their U.S. stock listings.