All posts tagged "CNOOC"
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503AML / KYCCNOOC to Exit Western Markets Over Sanctions Risk, Red Tape
"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, 2022 -
367FeatureNew Manager Announced for Hong Kong Tracker Fund
Hang 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, 2022 -
867ChinaState Street to Be Dismissed as Manager of HK Tracker Fund
Hong 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, 2022 -
887AML / KYCUS Investment Ban on 59 Chinese Companies Takes Effect
US 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, 2021 -
278Feature
State Street Updates TraHK Prospectus as US Sanctions Take Effect
In 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, 2021 -
1.3KAML / KYCBiden Executive Order Amends, Clarifies China Blacklist
The 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, 2021 -
470China
NYSE Announces Decision to Delist Chinese Oil Major CNOOC
The decision was made in light of Executive Order 13959, which was signed in November, and updated guidance provided by OFAC in January.
March 1, 2021 -
408China
US Treasury Defers Investment Ban on Some Chinese Companies
A general licence delays the application of restrictions on companies with names that closely match those of the blacklisted companies.
January 28, 2021 -
602Feature
State Street to Resume Buying Sanctioned Stocks for Tracker Fund
Two 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, 2021 -
486AML / KYC
US Designates Four More Companies as Linked to Chinese Military
US investors will be prohibited from buying securities issued by the four companies, which include CNOOC and SMIC, from 1 February 2021.
December 7, 2020
