(Reuters) - MSCI Inc said it will delete securities of five Chinese companies from its MSCI ACWI Indexes, as well as its relevant non-market capitaliz.
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MSCI Inc said it will remove five Chinese companies from its flagship global equity index as of the end of Jan. 27 in the absence of an update on a Trump administration order banning Americans from investing in certain Chinese companies.
The five companies – CGN Power Co, China National Chem, China National Nuclear Power, China Shipbuilding Industry and Inspur International – will be removed from the MSCI ACWI Index, relevant non-market capitalization weighted indexes and custom indexes.
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