HONG KONG -- The forced U.S. delisting of CNOOC, China's largest offshore oil producer, is likely to be followed by more exits as the new Biden administration holds to the tough line of the previous presidency.
PetroChina, Sinopec, Air China and ZTE also seen at risk from US sanctions
CNOOC, which listed on the New York Stock Exchange in 2001, will be ejected following a final day of trading on Monday. © Reuters
HONG KONG -- The forced U.S. delisting of CNOOC, China's largest offshore oil producer, is likely to be followed by more exits as the new Biden administration holds to the tough line of the previous presidency.