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
When I mentioned in a blog post yesterday that more stock market volatility
is undoubtedly on the way, I certainly did not envision a market rout of
the sc...
5 hours ago
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