"We cannot predict if the company or its affiliates and partners will be affected by US sanctions in future," CNOOC said after reviewing its global portfolio ahead of a Shanghai IPO.
April 18, 2022Hang Seng Investment Management will become TraHK's new manager in Q3 2022, replacing State Street, which has managed the ETF for 22 years.
March 30, 2022Hong Kong's government commenced a review last year to assess State Street's role as the manager of TraHK, the city's largest and most-popular ETF.
March 21, 2022US persons that have not yet divested their holdings in 59 companies that operate in the defence or surveillance technology sectors have until 3 June 2022 to do so.
August 4, 2021In an addendum, State Street says TraHK units will not be offered or sold in the US or to US persons located outside the US.
August 2, 2021The revised EO is clearer, addresses many of the problem areas in the old EO, and is more enforceable, says Nick Turner at Steptoe & Johnson.
June 4, 2021The decision was made in light of Executive Order 13959, which was signed in November, and updated guidance provided by OFAC in January.
March 1, 2021A general licence delays the application of restrictions on companies with names that closely match those of the blacklisted companies.
January 28, 2021Two days after State Street said it would not be able to buy shares in US-sanctioned stocks, the company has said it will resume these investments to continue tracking the Hang Seng Index.
January 14, 2021US investors will be prohibited from buying securities issued by the four companies, which include CNOOC and SMIC, from 1 February 2021.
December 7, 2020