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
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
Topic |
Banking & Finance
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