? On the evening of May 7th, three major operators, China Mobile, China Unicom and China Telecom, announced that they would delist from the United States. Not long ago, China Telecom announced that its A-share listing application had been accepted by the China Securities Regulatory Commission. ?

will delisting from the United States hurt the three major operators?

no, for example, in our A-share market, if you take a delisted stock, it's basically miserable. After all, your blood is gone. However, this situation is different in the United States. Although the first and third largest operators are listed in the United States, their total share capital is relatively low, which is only about 2.5%, and their daily trading volume is relatively low. For example, China Mobile has only 34 million shares in three months, so the actual impact is actually relatively small. Second, since China and Hong Kong are global financial ports, the three major operators are listed in Hong Kong stocks in addition to financing in the United States, so we can go to Hong Kong stocks if US stocks cannot be traded. After all, Hong Kong is our own territory, and Americans can't reach here, so from this perspective, delisting has little impact on the relevant markets for overseas financing of the three major operators.

why are the delisting of the three major operators extremely polluting?

Then we know what the American market has always advertised, freedom, democracy and equality. They pay attention to the spirit of contract. This is what we all touted about that western country in the 198s, but now their relationship with China is really double-marked. First of all, they don't trample on other countries' enterprises specializing in China and listed companies in China, which is obviously contrary to their so-called propaganda of the American spirit. However, it is not only Trump's term of office that launched trade and financial frictions against China, but Biden came to power.

so why do the three major operators suffer?

It is probably because of the 5G technology. Although the quality of 5G has been said to be rotten, the completion of 5G and the maintenance of the Internet and car networking will definitely play a huge role in promoting China's economy. The financial friction, trade friction and technological friction between the United States and China have evolved into all-round resistance and containment, and the fundamental purpose is actually to limit China, which is rising peacefully. So the three major operators are just the most inconspicuous stumbling block, so, Trump finally made such a decision in the name of national security, while Biden maintained Trump's decision and made the NYSE withdraw from the market. In fact, the idea of the United States is also very simple. They restrict China's raw materials, China's technology and various design software produced in the United States. That is ultimately to pinch our necks, so China's supply chain has an impact, thus