LONDON: FTSE Russell will delete a further three firms from its global equity indexes after guidance on an executive order by outgoing President Donald Trump barring U.S. investments in some Chinese companies, a hardening of his stance against Beijing.
China United Network Communications, Semiconductor Manufacturing International Corporation (SMIC) and Nanjing Panda Electronics will be deleted from FTSE Russell's FTSE Global Equity Index Series as well as the FTSE Global China A Inclusion Indexes from Thursday.
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