Just after New Year’s Day, the New York Stock Exchange was eager to announce that
To delist three Chinese companies, China Unicom, China Mobile and China Telecom, the three companies will be delisted between January 7 and January 11.
I can’t help but be dismayed, China Mobile was listed in the United States in 1997, the reason is to promote international cooperation in communications technology, the listing can not be much money, the cumulative dividends over the past 30 years more than $100 billion.
It can be said to be the big fat sheep of dividends in the U.S. stock, which has brought rich returns to the American people.
Such a 24K pure gold stock, but also to be political reasons to the downfall.
What did they do wrong? And just to hinder our 5G development?
Why is it a good thing for us that three major carriers are delisted from the NYSE?
Did the minds at NYSE think wrong
History proves that Trump is still too naive to see how much benefit he can reap by taking a hard look at the three operators with his failing science grades.
Is less NYSE market we can not raise funds?
Is it so stable that the real gold shares back to the domestic listing does not smell?
Are you in line with our “internal circulation” strategy, friendly help?
Although I’m carrying a myriad of confusion, it doesn’t stop me from using my knowledge of communications to help you readers analyze the short-term and long-term effects of this delisting.
This delisting is not another delisting
First of all, this delisting is not a delisting in the strict sense, because the three operators are listed on the Hong Kong Stock Exchange, and the New York Stock Exchange at the same time, and the main issue on the New York Stock Exchange is ADR (American Depositary Receipts).
What do you mean by ADR, you can look at it as our Shanghai-Hong Kong Stock Exchange similar products, is a paper certificate, to prove the ownership of U.S. shareholders in Hong Kong stocks, more convenient operation only, and this volume is still not large.
And the volume is not large, about 20% of the overall shares outstanding.
Why is it a good thing for us that three major carriers are delisting from the NYSE?
China Mobile is everywhere
Even if the company is delisted from the NYSE, there is no need for a redemption mechanism of the magnitude of privatization.
It’s just a matter of holding stockholders to trade in a different place, to go to the Hong Kong Stock Exchange, with such convenient Internet technology now, it’s not a matter at all!
Since the impact is not significant, so the shares of the three major operators also ignored the NYSE this announcement.
U.S. shares of China Mobile rose 0.88%, China Telecom fell 0.04%, and China Unicom fell 1.56%.
The NYSE’s face was hit hard, and the bearishness was good!
This play, of course, further underlines the market value of the Hong Kong Stock Exchange and professionalism, the current market value of the Hong Kong Stock Exchange is close to 50 trillion Hong Kong dollars, it, basically become the mainland enterprises to the sea of a best financing platform.
In addition, the three major operators, as state-owned enterprises, in the New York Stock Exchange also suffered a lot of white eyes!
Because it is a state-owned enterprise, the China Mobile Hong Kong company holds more than 72% of the shares, and long years of immobility, which hinders those people on Wall Street speculation!
You rise no one to throw, you fall buyback is not high.
Just the P/E ratio can be, the usual annual dividend, considered a stabilizer position!
Three major operators delisted from the New York Stock Exchange, why is a good thing for us?
The money is a lot of China Mobile
The legendary delisting from the New York Stock Exchange, many employees of China Mobile are very happy ah, interview
Someone said: “The company is listed in the United States, the profits are high, the money is divided to the Americans, now delisted, whether it is a buyback or transferred to the domestic listing, you can not consider the international impact, wages can be more pay! “
I go.
In order to this delisting, China Mobile should give Trump how much benefit to get in exchange ah!
Anyway, last year China Mobile net profit of 110 billion, a little more than 7 times the P/E ratio!
Domestic listing, local dividends!
I think it works!
Delisting is good for 5G from the strategic direction
Say a thousand words, Trump still wants to crack down on our 5G construction and operation.
Why the delisting of three major carriers from NYSE is a good thing for us?
5G leads innovation
Currently, the benefits are in our domestic huawei and ZTE’s leadership in 5G technology development, and the massive domestic push.
The 3 major operators have built over 700,000 5G base stations and have over 180 million terminal connections, ranking #1 in the world!
There are many reasons for being number one in 5G, besides our technological leadership, there is also our low construction cost and fast approval.
The most important thing is that our 5G frequencies are issued free of charge, and in order to ensure that the domestic people have priority in using the most advanced communication technologies, the 5G bands are issued directly by application.
As early as December 2018, all three major operators have been granted nationwide licenses for the use of 5G medium and low frequency bands for trials.
China Telecom was granted 5G trial frequency resources of 3400MHz-3500MHz with a total of 100MHz bandwidth.
China Mobile was granted 5G test frequency resources in the 2515MHz-2675MHz and 4800MHz-4900MHz bands;
China Unicom was awarded 5G test frequency resources in the 3500MHz-3600MHz band with a total of 100MHz bandwidth!
And these frequency bands, in foreign countries, it takes tens of billions of dollars to obtain, and after obtaining due to financial constraints can not quickly build the network abound.
Only large state-owned enterprises that have undertaken basic communication services can fully guarantee that these frequency bands can be used in practice.
Great!
The three major operators delisted from the New York Stock Exchange, why is it a good thing for us?
5G lagging behind the foreign major Vodafone
If the three major operators did not delist, then these bands were issued, bringing hidden profits and earnings, a large part of which will have to go into the pockets of foreign investors, think about the gas.
So, Trump’s seemingly reckless move has precisely safeguarded the interests of our public assets, allowing us to invest in 5G without worrying about fatty water flowing to other people’s fields!
What a great move!
5G’s further empowerment of industry giants
Because China is currently the largest market for 5G, the industry giants have been benefiting frequently, ensuring their continued ability to benefit.
In the 5G equipment industry chain, in Q2 2020, Huawei and ZTE shared the top two positions in the global base station market, with a total market share of 70%.
Why the delisting of three major operators from the NYSE is a good thing for us
Huawei represents the most advanced technology for 5G
Huawei was the first to launch the world’s first 5G SOC cell phone chip in 2019 thanks to market assurance, and this year it has advanced its 5G chip to 5nm precision, further insuring progress in global communications.
ZTE’s 7nm chip, which is also on its way.
Our Huawei, Xiaomi, OPPO, VIVO have killed the top 10 global cell phones, with a total market share of more than 60%.
In addition, thanks to the high-performance and high-bandwidth platform base provided by 5G technology, we have continued to make efforts in the application layer.
Huawei’s cloud computing and vehicle-road collaboration technologies have begun to enter practical applications.
Akiyon has worked with China Mobile to realize 5G+8K HD VR live streaming applications through 5G transmission, continuously improving our gaming and live streaming experience in terms of software and hardware; and
NetEase’s use of Huawei’s cloud platform to develop cloud-based no-download games, allowing users to experience the fun of gaming faster; and
Tiger’s 5G HD live streaming will also make our lives better!
Three major carriers delisted from the NYSE, so why is that a good thing for us?
Trump shot himself in the leg
So, without Zhang Tuhuo, we can still eat this piece of red meat, 5G, through self-developed technology and our own funds.
Not only eat meat, but also eat a lot!
In the long run the liquidity of large state-owned enterprises is pulled down
However, the blooming danger of this NYSE mandatory delisting of the three major operators, including our financial markets, the consequences of the impact is still very serious and far-reaching.
Although thanks to the volume of the three mobile companies and our policy, it has not caused a worse impact for the time being, but the future development is difficult to predict, if the next U.S. leadership continues to insist on a competitive and exclusive relationship, our technology companies listed in the United States will be further affected by the disruption.
Perhaps you do not know, the reason why CMHI and SMIC, these large technology companies, were listed in the United States back then, there is a more important political factor is the Wassenaar Agreement led by the Western countries.
The full name of this agreement is the Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies, which is led by the United States and includes a wide range of Western countries, including even India and Russia.
It is an agreement led by the U.S. that includes a wide range of Western countries, including even India and Russia, that require the declaration and approval of technology exports to us in China and some other developing countries.
This agreement has led to a long term denial of access to advanced technology and equipment, which has greatly affected our technological development, even to the extent that SMIC had to register in the Cayman Islands in order to circumvent this agreement when it was established.
Why is it a good thing for us that three major operators are delisted from the NYSE?
SMIC is too restricted by this agreement
Because there are so many signatories to this agreement, it has been difficult to implement it as smoothly as the U.S. would like today, so it has taken the form of domestic law, forcing the U.S. Department of Commerce and the NYSE to step in and impose many restrictions on our country, including this delisting.
The delisting has reduced the liquidity of the three major operators in the long run, further depressing their share prices on the one hand, and making it more difficult to raise capital, on the other.
At present, we still have a gap of more than 500 billion for the construction of 5G, relying mainly on the state for loans and investments.
So in order to avoid operators not enough money, affecting the progress of China’s communications development, our 5G frequency license is issued free of charge, I believe you can understand, otherwise you can not enjoy such a fast and good network communications.
Taken from the people, used by the people, we can proudly call the world’s first 5G network, the result of joint efforts!
So the next step, since the U.S. restrictions in the funding market are tighter by the day, we also need to prepare early, as a headline writer who is not considered a think tank, but considers himself a think tank, I think there are several ways to go.
1) speed up the construction and financing arrangements of the Hong Kong market, not only with domestic companies, but also to accommodate foreign companies to go public, enhance its financial flexibility and freedom, and build it into the new Nasdaq.
No! even higher than NASDAQ!
(2) efforts to develop all kinds of financing channels, for good efficiency, the country’s livelihood of large enterprises, there is no need to sell stocks at low prices, you can take advantage of the current situation of excess funds in the Western world, vigorously issue overseas bonds in yuan.
Not that negative interest rates they also accept it, in that case, to quickly melt money to build their own!
Technology, we have it all.
Borrowing money can speed up!
(3) the three major operators are back listed, with the warm embrace of the people of the motherland, with the A-share premium to embrace you!
We are now so poor quality, can continue to pay dividends in large stocks.
China Mobile, China Unicom, China Telecom they come back, will certainly make the domestic stock market healthier, and Ali, Tencent, Meituan!
And Ali, Tencent, Meituan!
Don’t worry about them grabbing money, as long as there are dividends and profits, the stock market can go on peacefully!
With New York out of the market, and Shanghai and Shenzhen.
We will always be together!
Poetry cloud.
Thirty years of mobile listing.
I was surprised to hear that the delisting is just around the corner.
Dividends are good every year.
Only because some people are anxious to see.
The speed of mobile innovation is fast.
The financing and dividends are high.
Returning to the embrace of relatives.
How are you now?
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