MSCI drops ZTE, four other companies from MSCI China A Inclusion Index
FILE PHOTO - Visitors pass in front of the Chinese telecoms equipment group ZTE Corp booth at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman/File Picture
SINGAPORE (Reuters) - Telecom equipment and smartphone maker ZTE Corp <000063.SZ> <0763.HK> and four other companies have been dropped from several MSCI indexes including the MSCI China A Inclusion Index as trading in the China-listed A shares of all five companies has been suspended.
MSCI, the U.S. index publisher, made the announcement on its website http://www.msci.com
The other four companies include Beijing Orient Landscape & Environment Co Ltd <002310.SZ>, China Hainan Rubber Industry Group Co Ltd <601118.SS>, China Railway Group Ltd <601390.SS> and Shanxi Taigang Stainless Steel Co Ltd <000825.SZ>, according to the announcement.
(Reporting by Lee Chyen Yee in Singapore and Samuel Shen in Shanghai. Editing by Jane Merriman)
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