Students walk on the campus of Yale in New Haven, Connecticut. The university’s endowment allocated 13.7 per cent of its US$30.3 billion assets to foreign equity in 2019. Photo: Reuters
Students walk on the campus of Yale in New Haven, Connecticut. The university’s endowment allocated 13.7 per cent of its US$30.3 billion assets to foreign equity in 2019. Photo: Reuters
Business /  Companies

US government asks American college endowments to sell Chinese stocks, warning of ‘wholesale delisting’

  • US State Department warns Chinese firms could face ‘wholesale delisting’ in letter to universities
  • College endowments, mutual funds increased Chinese holdings in past year to track changes of A-share weightings in global indices

Chad BrayAlison Tudor-AckroydGeorgina Lee
Chad Bray in London Alison Tudor-Ackroyd in Hong Kongand Georgina Lee in Hong Kong

Updated: 9:26am, 20 Aug, 2020

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Students walk on the campus of Yale in New Haven, Connecticut. The university’s endowment allocated 13.7 per cent of its US$30.3 billion assets to foreign equity in 2019. Photo: Reuters
Students walk on the campus of Yale in New Haven, Connecticut. The university’s endowment allocated 13.7 per cent of its US$30.3 billion assets to foreign equity in 2019. Photo: Reuters
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