SHANGHAI—Global index publisher FTSE Russell said it will delete 20 more Chinese companies from its indexes after user feedback on an updated U.S. executive order that bars U.S. investment in companies with alleged ties to China’s military.
U.S. President Joe Biden signed the order on June 3 that bans U.S. entities from investing in dozens of Chinese companies with alleged ties to defense or surveillance technology sectors, replacing an earlier order under former president Donald Trump.
