Hong Kong Tracker Fund Makes U-turn On China Investments


Source: ibtimes.com.au

Key Topics in this News Article:

News Snapshot:

Hong Kong Tracker Fund Makes U-turn On China Investments By AFP News on January 13 2021 11:06 PM 0 0 Hong Kong's original stock market tracker fund said Wednesday it would continue investing in companies listed by Washington as having links to China's military, backtracking on a decision it made this week. The announcement highlights how tension between the world's two biggest economies is causing headache for international firms in Hong Kong, which has long served as China's gateway to global markets. Outgoing US President Donald Trump issued an order in November banning Americans from investing in Chinese firms deemed...