S&P Dow Jones Indices (S&PDJI) said yesterday it will no longer remove ADRs of three Chinese telecom giants from its benchmarks after the New York Stock Exchange said this week it no longer plans to delist them.

The index provider will keep the American depository receipts (ADRs) of China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. after the New York Stock Exchange on Monday appeared to cancel its plan to delist the shares, according to an emailed statement issued by S&P Dow Jones.

However, the New York Stock Exchange is reconsidering and could reverse its decision yet again amid confusion over rules set by the Trump administration and tension within Washington on China policy.

S&P Dow Jones said it had no comment on the possibility that NYSE will reverse course yet again.

The three Chinese firms lost more than US$30 billion in market value in the final weeks of 2020 after U.S. President Donald Trump said he’s cutting off U.S. investment in companies tied to China’s military. The companies have their primary listings in Hong Kong. (SD-Agencies)