FTSE Russell says will delete Xiaomi from global indexes on U.S. order
- Country:
- China
Global index publisher FTSE Russell said on Friday it will delete Xiaomi Corp from its global and China indexes in line with a U.S. executive order from then-president Donald Trump.
The removal of the Hong Kong-listed stock from FTSE's Global All Cap index and the FTSE Global China A Inclusion indexes will be effective on March 12, subject to further guidance from the U.S. Office of Foreign Assets Control, said in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Hong Kong
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- U.S.
- FTSE
- Donald Trump
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