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MSCI Deleting 10 China Firms From Some Indexes, Retaining Them in Others

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BOSTON/WASHINGTON/SINGAPORE—MSCI Inc. will cut seven Chinese firms from some of its global indexes, it said on Tuesday, the third major index publisher to do so following U.S. restrictions on owning the companies. As with similar steps by S&P Dow Jones Indices and FTSE Russell the move means index-tracking funds will need to divest, the latest …

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MSCI deleting 10 China firms from some indexes, retaining them in others | One America News Network

Business, Politics, Top News / By

FILE PHOTO: The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS/Thomas White/Illustration December 15, 2020 By Ross Kerber BOSTON (Reuters) – MSCI Inc said on Tuesday it will delete the securities of 10 Chinese companies from some global indexes after the U.S. imposed restrictions on their ownership, but said it would …

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