Ftse Russell To Delete Luokung Technology From Indexes, Scraps Advanced Micro: Fabrication inclusion

Luokung Technology

05/03/2021 10:11

SHANGHAI, March 5 (Reuters) - Global index publisher FTSE
Russell said on Friday it will delete Luokung Technology Corp's
N shares  LKCO.N  from its global indexes, in line with a U.S.
executive order from former president Donald Trump.
    Luokung's shares will be deleted from the FTSE Global Total
Cap and Micro Cap indexes effective on March 12, subject to
further guidance from the U.S. Office of Foreign Assets Control,
it said in a statement, citing the U.S. order.
    In the same statement, FTSE Russell said the proposed
addition of Advanced Micro-Fabrication Equipment  688012.SS  to
its global and China indexes would "not proceed as previously
announced."

 (Reporting by Andrew Galbraith and Samuel Shen; Editing by Toby
Chopra)
 ((Andrew.Galbraith@tr.com; +86 21 2083 0079; Reuters Messaging:
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