MSCI Inc. will strip its indexes of stocks in seven Chinese companies that the U.S. government says help China’s military, including the country’s largest chip maker and a major producer of surveillance equipment.
The move, which will take effect by the close of business on Jan. 5, follows similar actions by other benchmark providers including FTSE Russell and S&P Dow Jones Indices.Last month, President Trump signed an executive orderthat the U.S. Defense Department says supply and otherwise support China’s military, intelligence and security services.
In a statement after U.S. markets closed Tuesday, MSCI said its list only includes securities issued by companies explicitly named in the order, but not those from subsidiaries or affiliated companies. That means some of the largest stocks that could potentially have been affected by the order—such as China Mobile Ltd. , which has a roughly $117 billion market value—have been spared, and the overall impact on indexes will be limited. FTSE Russell and S&P Dow Jones took a similar approach.
👏👏👏👏. Many more need to be dropped, many more
Hey DONNY Janni/Johny Walker and Wayne...-CHINA,GERMANY,RUSSIA and TUR-KEY was it=FUCK THEM ALL,push all red buttons-send them to MONGOLIA,where they came from!!!VIVA GREECE,HELL-ASSS!!!From STAR till DUST!!!JIA MAS!CHEERS!PROST!SALUTE!
Solo7Empresas chinas afectadas?No faltan 1,000ceros.