Removing a company from an Index after it has been suspended from trading for 50 (!!) days, they must be joking! Index providers (esp FTSE, MSCI, S&P) must be controlled, by investment community or by regulators.
https://www.cnbc.com/2017/07/30/msci-warns-chinese-companies-with-suspended-shares-they-could-get-dropped-from-the-emerging-markets-index.html
John blogged earlier this month about the governance implications of the
DOJ’s fraud enforcement initiatives. A report issued last week by the U.S.
Governm...
12 hours ago