MSCI said it would drop the Hong Kong shares of three of China’s biggest telecoms from its global benchmarks a day after the New York Stock Exchange said it would delist the companies. Photo: Xinhua
MSCI and index compilers to drop China Mobile, Chinese telecoms stocks from global benchmarks
- Hong Kong-traded shares of China Mobile, China Telecom and China Unicom to be dropped from indices at close of business on Friday
- Decision followed further guidance from the Office of Foreign Assets Control; S&P Dow Jones Indices and FTSE Russell will also delete trio
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MSCI said it would drop the Hong Kong shares of three of China’s biggest telecoms from its global benchmarks a day after the New York Stock Exchange said it would delist the companies. Photo: Xinhua
