State Street Managed Hong Kong Fund to Resume Investment in Shares Banned to Americans


Source: usnews.com

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State Street Managed Hong Kong Fund to Resume Investment in Shares Banned to Americans By Reuters , Wire Service Content Jan. 13, 2021 By Reuters , Wire Service Content Jan. 13, 2021, at 8:33 a.m. More HONG KONG (Reuters) - Hong Kong's largest tracker fund, managed by a State Street unit, will resume investing in stocks from which Americans are banned, it said in a statement on Wednesday, the latest global U-turn linked to a November executive order from Donald Trump. The Tracker Fund of Hong Kong (TraHK), which follows the benchmark Hang Seng Index, was able to invest in...