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SEHK - SEHK STOCK NEWS

Welcome to our dedicated page for SEHK news (Ticker: SEHK), a resource for investors and traders seeking the latest updates and insights on SEHK stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SEHK's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SEHK's position in the market.

Rhea-AI Summary

On January 13, 2023, China Eastern Airlines Corporation Limited (NYSE: CEA; SEHK: 0670) announced plans to voluntarily delist its American depositary shares (ADSs) from the New York Stock Exchange (NYSE) and deregister them under the U.S. Securities Exchange Act of 1934. Key reasons include the small number of H Shares represented by the ADSs, limited trading volume compared to H Shares, and high costs of maintaining the NYSE listing. A Form 25 will be filed on or around January 23, 2023, with delisting effective about ten days later. The last trading day on the NYSE is expected to be February 2, 2023. The Company will still comply with obligations on the Hong Kong Stock Exchange.

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