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Shanghai bourse says to remove SMIC from Connect index

SHANGHAI : The Shanghai Stock Exchange said on Thursday it will remove Semiconductor Manufacturing International Corp (SMIC) from an index composed of eligible Shanghai stocks under the Shanghai-Hong Kong Stock Connect.

SMIC will be removed from the SSE SH Equities Index starting Aug 16, the exchange said in a statement.

(Reporting by SHANGHAI NEWSROOM)

Source: Reuters

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