MSCI's move follows steps by other large index providers to remove shares of companies that the administration of U.S. President Donald Trump charges have ties to China's military. China has condemned the moves, saying the effort runs counter to principles of market competition.
BOSTON: MSCI Inc said on Tuesday it will delete the securities of 10 Chinese companies from some global indexes after the U.S. imposed restrictions on their ownership, but said it would also launch new versions of several indexes that retain the same securities.
In a press release, MSCI said companies to be deleted include China Communications Construction Co., Hangzhou Hikvision and CRRC Corp.
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