British index provider to drop eight Chinese corporations after US blacklisting ...News

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British index provider to drop eight Chinese corporations after US blacklisting
source : Russia Today ( News ) () 20
FTSE Russell, an arm of the London Stock Exchange, announced plans to delete shares of eight Chinese firms from certain products shortly after Washington added them to a blacklist of companies with alleged Chinese military ties. The international index provider will remove shares of the eight enterprises from its FTSE Global Equity Index Series (GEIS), its FTSE China A Inclusion indices, and associated indices beginning on December 21 following the quarterly index review. Also on rt.com US blacklists Chinese chipmaker SMIC & oil producer CNOOC over alleged military ties

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