Chinese telcos lose $5.6b market value after index providers drop them from benchmarks

Chinese telcos lose $5.6b market value after index providers drop them from benchmarks

REUTERS/Thomas White/

Index providers MSCI, FTSE Russell, and S&P Dow Jones Indices said they would cut three Chinese telecom companies from benchmarks, part of a widening fallout from a U.S. investment ban that has battered their share prices.

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