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China's Wuhan Tianyu says inclusion on US list may impact forex transactions
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China's Wuhan Tianyu says inclusion on US list may impact forex transactions
Jun 16, 2024 2:10 AM

BEIJING, June 16 (Reuters) - Wuhan Tianyu Information

Industry said on Sunday the United States inclusion

of the company into the Specially Designated Nationals (SND)

list is a "unilateral" act that may have an impact on its

foreign exchange settlement.

The reason and details of the U.S. move have yet to be

verified, and the company will actively communicate with all

parties as soon as possible in the hope of obtaining a "fair and

just" solution, Wuhan Tianyu Information said in a filing to the

Shenzhen Stock Exchange.

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