Traders at the New York Stock Exchange watch President Donald Trump's televised White House news conference on March 18, 2020. Photo: AP
Traders at the New York Stock Exchange watch President Donald Trump's televised White House news conference on March 18, 2020. Photo: AP

Trump’s 11th-hour ban on Chinese stocks deprives US funds of some of the biggest returns and payouts in world’s second-largest market

  • US President Donald Trump’s order to prohibit American investors from trading Chinese companies with military ownership will affect relevant listed units totalling US$440 billion in market cap
  • The sanction will make US fund managers miss out on some of China’s publicly traded companies that deliver most decent returns and are most generous in dividend payouts

Traders at the New York Stock Exchange watch President Donald Trump's televised White House news conference on March 18, 2020. Photo: AP
Traders at the New York Stock Exchange watch President Donald Trump's televised White House news conference on March 18, 2020. Photo: AP
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