CNOOC Ltd faces delisting from NYSE due to alleged military ties

The possible delisting of CNOOC could hurt US investors, who will liquidate their holdings, as well as the funds that hold CNOOC’s stocks.

US makes move: CNOOC Ltd's headquarters in Beijing
US makes move: CNOOC Ltd's headquarters in BeijingPhoto: REUTERS/SCANPIX
Published 13 January 2021, 10:43Updated 13 January 2021, 10:43