By Reuters Staff
2 Min Read
FILE PHOTO: An investor is reflected on the surface of a wall as he walks past an electronic board showing stock information, filled with red figures indicating rising prices, at a brokerage house in Taiyuan, Shanxi province, China, May 27, 2015. REUTERS/Jon Woo
SHANGHAI (Reuters) - Global index publisher FTSE Russell said it will delete a further 20 Chinese companies from its indexes after user feedback on an updated U.S. executive order that bars U.S. investment in companies with alleged ties to China’s military.
U.S. President Joe Biden signed the order on June 3 that bans U.S. entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology sectors, replacing an earlier order under Donald Trump.
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