BOSTON/WASHINGTON/SINGAPORE—MSCI Inc. will cut seven Chinese firms from some of its global indexes, it said on Tuesday, the third major index publisher to do so following U.S. restrictions on owning the companies.
As with similar steps by S&P Dow Jones Indices and FTSE Russell the move means index-tracking funds will need to divest, the latest disruption to markets from an increasingly tough approach to China by the Donald Trump administration.
