FTSE Russell says will delete Chinese telecoms firms from global indexes

Reuters | Shanghai | Updated: 08-01-2021 12:45 IST | Created: 08-01-2021 06:16 IST
FTSE Russell says will delete Chinese telecoms firms from global indexes
Representative Picture Image Credit: Pixabay

Index provider FTSE Russell will delete three Chinese telecom firms from global indexes from Jan. 11 following a U.S. executive order, the company said Thursday.

In a statement dated Jan. 7, FTSE Russell said it would delete China Mobile, China Telecom and China Unicom Hong Kong from the FTSE Global Equity Index Series (GEIS), the FTSE Global China A Inclusion Indexes and associated indexes.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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