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Stock index giant MSCI to remove some Chinese stocks under U.S. pressure CNBC 12/16/2020 Evelyn Cheng
MSCI, one of the largest stock index companies in the world, announced Tuesday that it would remove 10 Chinese securities from its indexes.
The announcement follows similar moves by S&P Dow Jones Indices, FTSE Russell and U.S.-based trading app Robinhood to limit customers exposure to the affected Chinese stocks.
MSCI plans to launch versions of the indexes that keep the deleted names. © Provided by CNBC An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China.