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U.S. House Subpoenas CN Top 3 Telecoms Over Data Access Concerns
The U.S. House Select Committee on the CCP issued subpoenas to CHINA MOBILE (00941.HK), CHINA TELECOM (00728.HK), and CHINA UNICOM (00762.HK), seeking answers on whether their U.S....
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U.S. House Subpoenas CN Top 3 Telecoms Over Data Access Concerns
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The U.S. House Select Committee on the CCP issued subpoenas to CHINA MOBILE (00941.HK)  +0.750 (+0.925%)    Short selling $138.17M; Ratio 7.773%   , CHINA TELECOM (00728.HK)  +0.050 (+0.936%)    Short selling $14.32M; Ratio 3.994%   , and CHINA UNICOM (00762.HK)  +0.050 (+0.563%)    Short selling $17.26M; Ratio 4.529%   , seeking answers on whether their U.S. cloud computing and internet businesses could access American data, Reuters reported.

Bipartisan lawmakers are concerned about Chinese telecom operations in the U.S., following FBI claims that the “Volt Typhoon” cyberattack allowed China to infiltrate U.S. telecom, energy, water, and other infrastructure.

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China denies such allegations. The Chinese Embassy in the U.S. criticized the U.S. for overextending national security claims and using state power to suppress Chinese firms.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-30 16:25.)

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