Page 21 - Tracker Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hong Kong’s original stock market tracker yesterday said it would make no new investments in firms listed by Washington as having links to China’s military as it also recommended Americans to no longer invest in the fund. The announcement is the latest stark illustration of how tensions between the world’s two biggest economies are causing headaches for international firms in Hong Kong, which has long served as China’s gateway to global markets. Outgoing US President Donald Trump in November issued an order banning Americans from investing in Chinese firms deemed to be supplying or sup...

Hong Kong Tracker Fund Stops Investing In China Firms On US Ban List 01/11/21 AT 12:21 AM Hong Kong's original stock market tracker said Monday it would make no new investments in firms listed by Washington as having links to China's military as it also recommended Americans no longer invest in the fund. The announcement is the latest stark illustration of how tensions between the world's two biggest economies are causing headaches for international firms in Hong Kong, which has long served as China's gateway to global markets. Outgoing US President Donald Trump issued an order in November ba...

BlackRock is selling stakes in sanctioned Chinese mobile firms Benjamin Robertson, Bloomberg News American flags fly at the entrance to BlackRock Inc. headquarters in New York, U.S, on on Thursday, July 9, 2020. BlackRock is scheduled to release earnings figures on July 17. , Bloomberg BlackRock Inc. has been selling stakes in three Chinese telecommunication providers after the U.S. put them on its sanctions list. The world’s largest money manager reduced its holdings in China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong ...

The products include warrants and callable bull/bear contracts on Hong Kong’s benchmark Hang Seng Index, the Hang Seng China Enterprises Index and China Mobile Ltd., according to filings to Hong Kong Exchanges and Clearing Ltd. The city is the world’s largest structured product market with more than 12,000 listed products, HKEX figures show.Separately, the $14 billion Tracker Fund of Hong Kong said it would refrain from making new investments in companies covered by the ban, adding that the fund is no longer “appropriate” for U.S. investors. Managed by State Street Global Advisors�...

Goldman, JPMorgan to Delist Some Products in Hong Kong SYNDICATED 3 months ago (Bloomberg) -- The fallout from U.S. sanctions on Chinese military-linked companies widened as banks and money managers raced to comply with an executive order that bans new investments from Monday.Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. will delist 500 structured products in Hong Kong, including warrants and callable bull/bear contracts on Hong Kong’s benchmark Hang Seng Index, the Hang Seng China Enterprises Index and China Mobile Ltd., according to filings to Hong Kong Exchanges and...