US index publishers to remove more China stocks after Biden order

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SHANGHAI - The S&P Dow Jones Indices and FTSE Russell on late Wednesday decided to remove more Chinese companies from their indexes following an updated executive order from the Biden administration barring US investment in firms with alleged ties to China's military.

SHANGHAI - The S&P Dow Jones Indices and FTSE Russell on late Wednesday decided to remove more Chinese companies from their indexes following an updated executive order from the Biden administration barring US investment in firms with alleged ties to China's military.

Stocks to be removed include aerospace-related companies such as Aerospace CH UAV, Avic Aircraft, Avic Aviation High-Technology and Avic Heavy Machinery.

 

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