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US ban on Huawei unnerves markets; more REIT listings in the pipeline?

Benjamin Cher
Benjamin Cher5/27/2019 07:30 AM GMT+08  • 5 min read
US ban on Huawei unnerves markets; more REIT listings in the pipeline?
SINGAPORE (May 27): The US’ decision to include Huawei Technologies on its US Entity List has added fuel to the trade tensions between itself and China. 
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SINGAPORE (May 27): The US’ decision to include Huawei Technologies on its US Entity List has added fuel to the trade tensions between itself and China.

The markets were unsettled by the escalation, as investors digested the wide-ranging impact on not just China’s economy but also a long list of US technology parts suppliers.

The US markets have been on a roller coaster ride, going up one day and down the next, with the Standard & Poor’s 500 index falling 0.3%, Nasdaq 0.45% and Dow Jones Industrial Average 0.4% on May 22.

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