|Bid||11.260 x 0|
|Ask||11.280 x 0|
|Day's range||11.240 - 11.380|
|52-week range||10.860 - 15.040|
|Beta (5Y monthly)||0.75|
|PE ratio (TTM)||5.39|
|Forward dividend & yield||0.76 (6.63%)|
|Ex-dividend date||06 Jul 2022|
|1y target est||16.90|
(Bloomberg) -- China’s state-owned enterprises that plan to delist from US stock exchanges slid on Monday, as investors expected more firms to follow suit amid an auditing spat between the two nations. Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsThese Six Cities Are Emerging as New Expat Hot SpotsAmerica’s $7 Trillion Retirement Crisis Is Only Getting WorseWells Fargo Plans Major Re
Yahoo Finance Live looks at several Chinese stocks reportedly scheduled to de-list from the NYSE.
Five Chinese state-owned companies have announced plans to delist voluntarily from Wall Street before the US forces them out in 2024 over an audit dispute, marking an escalation in the financial decoupling of the world’s two largest economies. The announcements by state-owned groups including PetroChina, Asia’s largest oil and gas producer, and China Life Insurance Company, one of the country’s biggest state insurers, come as Beijing and Washington struggle to reach a deal that would halt the delisting of about 200 US-listed Chinese companies worth more than $1tn. Other state-run companies that announced plans to delist from the New York Stock Exchange on Friday included Aluminium Corporation of China, the country’s largest aluminium producer, China Petroleum & Chemical Corp, or Sinopec, and Sinopec’s petrochemicals subsidiary.