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By Reuters Staff 1 Min Read SHANGHAI (Reuters) - Global index publisher FTSE Russell said on Friday it will delete Luokung Technology Corp’s N shares from its global indexes, in line with a U.S. executive order from former president Donald Trump. Luokung’s shares will be deleted from the FTSE Global Total Cap and Micro Cap indexes effective on March 12, subject to further guidance from the U.S. Office of Foreign Assets Control, it said in a statement, citing the U.S. order. In the same statement, FTSE Russell said the proposed addition of Advanced Micro-Fabrication Equipment to its global...

When Investing Abroad, Focus on the Fundamentals March 5, 2021 With fear of inflation and rising Treasury yields, investors are backing off equities, which could also lead to pullbacks overseas. Investors don’t have to shy away from emerging markets (EM) by re-focusing on fundamentals with funds like the PXH seeks to track the investment results of the FTSE RAFITM Emerging Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. The underlying in...

FTSE Russell to Drop Xiaomi, Luokung From Indexes on US Order; Scraps AMEC Inclusion SHANGHAI—Global index publisher FTSE Russell will drop Xiaomi and another high-tech firm from global and Chinese indexes, it said on Friday, and scrap inclusion of a semiconductor firm, in line with a U.S. executive order by President Donald Trump. The changes come after the Trump administration in January placed Xiaomi and eight other companies on a blacklist of firms with alleged ties to Chinese military, barring U.S. investors from holding their shares. Xiaomi Corp is to be deleted from the Global All Ca...

Global index publisher FTSE Russell will drop Xiaomi and another high-tech firm from global and Chinese indexes, it said on Friday, and scrap inclusion of a semiconductor firm, in line with a U.S. executive order by former President Donald Trump.

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