Top 3 Chinese Telecom Companies Banned from US Investment Excluded from MSCI and Major Indexes

[Image source=Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] According to Bloomberg News on the 8th, China’s three major telecommunications companies?China Mobile, China Telecom, and China Unicom?listed on the U.S. investment ban blacklist under the Donald Trump administration have been removed from the benchmark constituent stocks of global stock markets.

The report stated that Morgan Stanley Capital International (MSCI) decided to exclude the Hong Kong-listed shares of these three companies from major indices starting from the close of trading on that day.

Bloomberg also reported that Standard & Poor’s Dow Jones Indices (S&P DJI) decided the previous day to exclude these three companies from major indices.

This follows President Trump’s signing of an executive order last November banning American investments in companies linked to the Chinese military for national security reasons. MSCI and others have already taken similar measures against other sanctioned companies.

The New York Stock Exchange (NYSE) has decided to delist these three companies from the New York stock market.

This content was produced with the assistance of AI translation services.