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FTSE Russell to remove SMIC and Hikvision from China indexes

News Snapshot:

SHANGHAI/SINGAPORE (Reuters) -Global index publisher FTSE Russell said on Tuesday it will remove Hangzhou Hikvision Digital Technology Co from its widely tracked FTSE China A50 index citing U.S. sanctions against the Chinese video security firm.Meanwhile, Chinese chipmaker Semiconductor Manufacturing International Corp (SMIC) will be dropped from the FTSE China 50 Index,…

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