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Home खबरें भारत

Goldman, Morgan Stanley, JPMorgan to delist 500 Hong Kong products

Mehra Media Team by Mehra Media Team
January 10, 2021
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Goldman, Morgan Stanley, JPMorgan to delist 500 Hong Kong products
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Hong Kong Exchanges and Clearing stated it was working carefully with the related issuers to guarantee orderly delisting, and facilitate buyback preparations being organized by the issuers

twitter-logoReuters | January 10, 2021 | Updated 22:13 IST

Goldman Sachs, Morgan Stanley and JPMorgan models will delist a complete of 500 Hong Kong-listed structured products, Hong Kong inventory alternate filings on Sunday confirmed.

The delistings are due to statements final week by the US Office of Foreign Assets Control clarifying a November order from President Donald Trump which banned Americans from investing in Chinese corporations that the US deems to have hyperlinks with China’s navy, the filings stated.

Bourse operator Hong Kong Exchanges and Clearing stated in an announcement it was “working carefully with the related issuers to guarantee orderly delisting, and facilitate buyback preparations being organized by the issuers.”





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Tags: delistGoldmanHongJPMorganKongMorganProductsStanley
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