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HK tracker drops banned Chinese firms

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 supporting the Asian giant’s military.
Yesterday, the Tracker Fund ....

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Hong Kong Tracker Fund Stops Investing In China Firms On US Ban List

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 banning Americans from investing in Chinese firms deemed to be supplying or supporting the Asian giant s military. ....

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