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Banks call off structured products on Trump directive

Source: HKeX

US President Donald Trump’s restriction on US entities investing in some Chinese stocks has started to show its ripple effects in the region. Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. said they will delist some 500 structured products in Hong Kong, including warrants and callable bull/bear contracts (CBBCs) on Hong Kong’s benchmark Hang Seng Index, and…

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