US investors will have to adjust their asset allocation to avoid trading or owning 35 blacklisted Chinese companies when a ban takes effect from January 11, 2021. Photo: AP Photo
US investors will have to adjust their asset allocation to avoid trading or owning 35 blacklisted Chinese companies when a ban takes effect from January 11, 2021. Photo: AP Photo
Stocks
Business /  Money

Trump’s ban spoils year-end party as stock index rejigs put China Mobile, CNOOC in line of fire

  • Index compilers are reconstituting their stock gauges before a ban on US investors kicks in next year, with passive funds certain to mirror them
  • Removing big guns like CNOOC, China Mobile and affiliated units from benchmarks would cause greater concerns to investors: Ample Capital

Yujing LiuMartin Choi
Yujing Liu and Martin Choi

Updated: 7:49am, 14 Dec, 2020

Why you can trust SCMP
US investors will have to adjust their asset allocation to avoid trading or owning 35 blacklisted Chinese companies when a ban takes effect from January 11, 2021. Photo: AP Photo
US investors will have to adjust their asset allocation to avoid trading or owning 35 blacklisted Chinese companies when a ban takes effect from January 11, 2021. Photo: AP Photo
READ FULL ARTICLE