China’s major telcos in Hong Kong take a beating ahead of Trump’s investment ban


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. Aly Song | Reuters BEIJING — Outgoing President Donald Trump’s ban on U.S. investments in some Chinese companies has hit some of the largest stocks in Hong Kong. In an effort to comply with new clarifications on the order, stock index giants MSCI and FTSE Russell will remove the Hong Kong-listed shares of three Chinese telecommunication giants: China Mobile, China Telecom and China Unicom. The deletions will take effect...