Stock index giant MSCI to remove some Chinese stocks under U.S. pressure

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Stock index giant MSCI joined major industry players with plans for deleting some Chinese stocks from its indexes in order to comply with a U.S. executive ban.

to say users cannot trade in Chinese stocks affected by the order.

The latest MSCI decision "sends a signal the geopolitical factors may overcome investors' interests in being exposed to China's growth," said Drew Bernstein, co-chairman of MarcumBP, which audits and advises pre-IPO and public Chinese companies.

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