{"id":115615,"date":"2021-03-05T11:03:43","date_gmt":"2021-03-05T11:03:43","guid":{"rendered":"https:\/\/precoinnews.com\/?p=115615"},"modified":"2021-03-05T11:03:43","modified_gmt":"2021-03-05T11:03:43","slug":"ftse-russell-says-will-delete-xiaomi-from-global-indexes-on-u-s-order","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/ftse-russell-says-will-delete-xiaomi-from-global-indexes-on-u-s-order\/","title":{"rendered":"FTSE Russell says will delete Xiaomi from global indexes on U.S. order"},"content":{"rendered":"<figcaption>FILE PHOTO: The logo of Xiaomi is seen inside the company&#8217;s office in Bengaluru, India, January 18, 2018. Picture taken January 18, 2018. REUTERS\/Abhishek N. Chinnappa<\/figcaption><p>SHANGHAI (Reuters) &#8211; Global index publisher FTSE Russell said on Friday it will omit Xiaomi Corp from its global and China indexes in line with a U.S. executive order from then-president Donald Trump.<\/p>\n<p>The deletion follows the Trump administration\u2019s placement of Xiaomi on a blacklist of companies with alleged ties to Chinese military, barring U.S. investors from holding shares in the company.<\/p>\n<p>The removal of the Hong Kong-listed stock from FTSE\u2019s Global All Cap index and the FTSE Global China A Inclusion indexes will be effective on March 12, subject to further guidance from the U.S. Office of Foreign Assets Control, it said in a statement.<\/p>\n<p>Xiaomi did not immediately respond to a request for comment.<\/p>\n<p>The Trump administration added Xiaomi and eight other companies to the blacklist in mid-January.<\/p>\n<p>At the time of the placement, Xiaomi denied it had any ties to the Chinese military. Later that month, the smartphone maker filed a lawsuit against the U.S. government in response.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-china-xiaomi-deletion\/ftse-russell-says-will-delete-xiaomi-from-global-indexes-on-u-s-order-idUSKBN2AX0XR\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: The logo of Xiaomi is<\/p>\n","protected":false},"author":3,"featured_media":115614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FTSE Russell says will delete Xiaomi from global indexes on U.S. order - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/ftse-russell-says-will-delete-xiaomi-from-global-indexes-on-u-s-order\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTSE Russell says will delete Xiaomi from global indexes on U.S. order - 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