US banks including JPMorgan to delist some Hong Kong products after US ban business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
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U.S. banks Goldman Sachs JPMorgan and Morgan Stanley will delist 500 Hong Kong-listed structured products, following a U.S. ban on investments in companies Washington deems linked to China’s military.
The products are linked to telecom companies China Mobile, China Telecom and China Unicom and local indexes including the benchmark Hang Seng Index, the three investment banks said in filings to the Stock Exchange of Hong Kong on Sunday evening.
Goldman, JPMorgan, M Stanley to delist some Hong Kong products after U S ban netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Wall Street firms in Hong Kong including Goldman Sachs and JPMorgan on Monday moved to reduce exposure to Chinese telecom companies named in a U.S. ban on investments in companies Washington. | January 16, 2021