Three state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York Stock Exchange, adding to a growing financial separation between the biggest global economies in the middle of a dispute about scrutiny of company audits.PetroChina Ltd, China Life Insurance Ltd and China Petroleum & Chemical Co made no mention of the auditing dispute or US-Chinese tensions over Taiwan, security, technology and human rights.The companies, in similarly worded statements issued within 30 minutes of each other, cited the small trading volume of their shares in New York. They said shares still would be traded in Hong Kong, which is open to non-Chinese investors.
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