Chinese smartphone maker Xiaomi was eligible to be included on indices again, S&P Dow Jones Indices said on Monday, after a federal judge suspended a US investment ban in the company on the grounds it has ties to China’s military, reported Reuters.
The Defense Department, under the Trump administration in mid-January, added Xiaomi and eight other companies to a list that requires Americans to sell their interests in the firms by a deadline.
Indices that removed Xiaomi will review its securities for eligibility at their next scheduled rebalancing, S&P DJI said on Monday.
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