BEIJING – S&P DJ Indices is removing 21 Chinese companies from its indexes, or groups of stocks and bonds used to track financial market movements, after Americans were barred from investing in them as part of a feud with Beijing over technology and security.
The Chinese government criticized Wednesday's move as politically motivated. The companies affected include surveillance technology provider Hikvision Digital Technology Co.; China's biggest processor chip manufacturer, SMIC, and state-owned nuclear power and construction companies.The announcement follows President Donald Trump’s Nov.