FTSE Russell proposes Xiaomi index re-inclusion after court suspends U.S. ban

Reuters

Published Mar 15, 2021 08:48PM ET

SHANGHAI (Reuters) - FTSE Russell has proposed that Xiaomi (OTC:XIACF) Corp should be eligible for re-inclusion in FTSE Russell indexes effective from June 21, 2021.

The announcement came after a U.S. federal judge temporarily blocked the Department of Defense from forcing American investors to divest from Xiaomi on the grounds the company has ties to China's military.