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S&P Welcomes CHINA back!


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#1 Rogerdodger

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Posted 06 January 2021 - 06:47 PM

Bloomberg

S&P Dow Jones Indices said it will no longer delete the U.S.-listed shares of three Chinese telecom firms from its benchmarks, a move that was set to take effect on Thursday. The index provider will keep the American depository receipts of China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd.

 

The trio of companies lost more than $30 billion in market value in the final weeks of 2020 after the U.S. President said he’s cutting off U.S. investment in companies tied to China’s military. The firms have their primary listings in Hong Kong.

 

Make

China

Great

Again!



#2 pdx5

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Posted 07 January 2021 - 04:48 PM

Was that sound of clinking glasses I heard yesterday was from president Xi's office in Beijing?


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#3 Rogerdodger

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Posted 08 January 2021 - 12:58 PM

Was that sound of clinking glasses I heard yesterday was from president Xi's office in Beijing?

 

SWAMP party?