MSCI chops China firms from global indexes


BOSTON/WASHINGTON/SINGAPORE (Reuters): MSCI Inc will cut seven Chinese mainland firms from some of its global indexes, it said on Tuesday (Dec 15), the third major index publisher to do so following US 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.

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MSCI , global index , China , cut

   

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