MSCI Adds 69 Chinese Companies to Equity Indexes, Including Companies Targeted by the U.S. Government for Ties to the Chinese Military
Posted Friday, December 3, 2021 at 9:48am
Starting November 30, U.S. investors with international holdings benchmarked against certain MSCI indexes gained exposure to several additional Chinese companies that have been sanctioned or designated by the U.S. government, presently or in the past, due to various human rights and national security concerns, including ties to the Chinese military. This comes as a result of a periodic index review that took place earlier this month by ...
Chinese Company Linked to Hypersonic Test is Present in Major Investment Indexes
Posted Thursday, October 28, 2021 at 1:20pm
In the aftermath of reports last week that China successfully tested a hypersonic missile, scrutiny of the Chinese military contractors reportedly involved in that system’s development shows that at least one of these companies, Tianjin Phytium Information Technology (Phytium Technology), is 31.5% owned by another entity, China Greatwall Technology Co. (China Greatwall), that is publicly-traded and included in many of the world’s largest ...
Huawei to Implement Europe’s First Smart Railway Hub in Hungary at Emerging “Gateway” for the New Silk Road
Posted Tuesday, October 12, 2021 at 4:08pm
On October 6, according to Chinese media, Huawei signed a cooperation agreement to build Europe’s first smart railway hub in Hungary that is to be equipped with a private 5G network for international communication and technical equipment management. The Chinese state-run Global Times has touted the agreement as a pathway to open other seemingly reluctant European countries to implementing Huawei’s 5G industrial solutions.