HONG KONG (Reuters) – Goldman Sachs, Morgan Stanley and JPMorgan units will deliver 500 structured products listed in Hong Kong, Hong Kong stock exchange films showed on Sunday.
The delistings are the result of last week’s statements by the U.S. Foreign Control Office highlighting a November order by President Donald Trump that barred Americans from investing in U.S.-owned Chinese companies. idea of having links to the Chinese military, the films said.
The Hong Kong Exchanges and Clearing course operator said in a statement that they were “working closely with the relevant distributors to ensure order listing, and to arrange a buy-back arrangement arranged by the distributors.”
Reciting with Alun John; Edited by Alexander Smith