Global funds trim their holdings as US-China tensions escalate in the final days of Trump presidency with an investment ban on companies linked to China’s military. Photo: AP
BlackRock joins global funds in divesting Chinese telecoms stocks as US sanctions kick in
- iShares ETFs have adjusted and will continue to be responsive in accordance with treatment of securities impacted by recent US sanctions
- BlackRock was the second-largest holder of China Telecom shares and owned minor stakes China Mobile and China Unicom, as of last week
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Global funds trim their holdings as US-China tensions escalate in the final days of Trump presidency with an investment ban on companies linked to China’s military. Photo: AP
