In this article
TraHK (2800) cannot buy any more US-sanctioned HSI stocks
Company announcement, 11-Jan-2021
That's because it has US Persons as its Trustee and Manager. There is a Supervisory Committee which has the power to change both, and it should now do so, picking a non-US manager and trustee. Until then, the HK$105bn fund will struggle to track the Hang Seng Index.
Organisations
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy