MSCI will cancel the securities of 5 Chinese companies from some indices in the absence of indications

(Reuters) – MSCI Inc said it will write off the securities of five Chinese companies from its MSCI ACWI indices, as well as related non-market capitalization weighted indices and custom indices as of the close of January 27 without any indication.

The five companies include CGN Power Co, China National Chem, China National Nuclear Power, China Shipbuilding Industry and Inspur International, MSCI said in a statement Monday.

Reportage by Kanishka Singh in Bengaluru; Editing by Leslie Adler