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
Last week, the SEC’s Office of the Investor Advocate – which is also known
as the “OIAD” – announced that it had delivered this 24-page report to
Congress ...
22 hours ago
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