SPY411.49+2.97 0.73%
DIA337.86+2.73 0.81%
IXIC13,900.19+70.88 0.51%

FTSE Russell proposes Xiaomi index re-inclusion after court suspends U.S. ban

FTSE Russell proposes Xiaomi index re-inclusion after court suspends U.S. ban

· 03/15/2021 20:20
FTSE Russell proposes Xiaomi index re-inclusion after court suspends U.S. ban

- FTSE Russell has proposed that Xiaomi Corp 1810.HK should be eligible for re-inclusion in FTSE Russell indexes effective from June 21, 2021.

The announcement came after a U.S. federal judge temporarily blocked the Department of Defense from forcing American investors to divest from Xiaomi on the grounds the company has ties to China's military. nL1N2LB01B

FTSE Russell deleted Xiaomi from its indexes on March 12.


(Reporting by Samuel Shen and David Stanway
Editing by Shri Navaratnam)

((samuel.shen@thomsonreuters.com; +86 21 20830018; Reuters Messaging: samuel.shen.thomsonreuters.com@reuters.net))