The New York Stock Exchange is moving to delist three Chinese telecom companies, saying on Wednesday that it will go ahead with the plan after receiving feedback from the Treasury Department.

A person wearing a protective mask enters the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Jan. 4, 2021. In a historic year that marked a rapid plunge into bear market territory and a swift recovery into the bull zone, high-flying technology stocks and electric-vehicle pioneer Tesla Inc. were standout trades. Photographer: Michael Nagle/Bloomberg via Getty Images