Nuveen exits Chinese companies affected by U.S. investment ban

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Nuveen had held positions in several of the blacklisted companies, including a 0.12% holding in China Telecom (NYSE:CHA), 0.08% stake in SMIC, 0.07% each in Xiaomi (OTC:XIACF) Corp and CNOOC (NYSE:CEO), 0.04% of China Mobile (NYSE:CHL) and 0.02% of China Unicom (NYSE:CHU) Hong Kong, according to Refinitiv data up to the end of November 2020.

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