China State-Owned Airlines to Delist in New York, Joining Exodus
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China State-Owned Airlines to Delist in New York, Joining Exodus

China Eastern, China Southern name commercial reasons for exit

Large state-backed Chinese firms left amid audit clash


https://www.bloomberg.com/news/articles/...ing-exodus

Two of China’s largest state-owned airlines said they would give up their New York stock exchange listings, joining a raft of government controlled firms that announced their departures from US bourses last year.
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https://finance.yahoo.com/news/china-sou...00324.html

China Southern Airlines and China Eastern Airlines said they would voluntarily delist and deregister their American depositary receipts (ADRs) and underlying H shares under the United States Securities Exchange Act, according to separate filings to the Hong Kong stock exchange on Friday evening.

The two companies were the only Chinese state-owned enterprises (SOEs) listed on the NYSE as of September 30, 2022, according to a table compiled by the US-China Economic and Security Review Commission, an American government agency.
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