FTSE Russell Removes CNOOC From Global And Chinese Indices Due To US Ban

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In this news, we discuss the FTSE Russell Removes CNOOC From Global And Chinese Indices Due To US Ban

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SHANGHAI (Reuters) – Global index publisher FTSE Russell said on Friday it would remove CNOOC Ltd from its global and Chinese indexes due to the U.S. investment ban.

The removal of Hong Kong-listed stocks from the FTSE Global Indices and the FTSE China 50 Index will come into effect on Jan. 27, he said in a statement.

Reporting by Samuel Shen and Andrew Galbraith; edited by David Evans

Original © Thomson Reuters

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