Analysis: US institutional investors could face restrictions on Chinese stock ownership

News Snapshot:

A man walks past a billboard with signs of Tencent-backed Chinese online insurance technology firm Waterdrop Inc ahead of the company’s U.S. initial public offering (IPO) on New York Stock Exchange (NYSE), in Beijing, China May 7, 2021. REUTERS/Tingshu Wang/File Photo Aug 4 (Reuters) - A U.S. congressional examination of Chinese stock holdings in BlackRock funds built on MSCI indexes could presage a broader clampdown on U.S. institutional investment in such shares, analysts said, as Washington fears American capital could help Beijing gain military or technological advantages. Relations between the two countries are at a low point amid friction on...