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Hong Kong Exchange: Prohibiting American People From Trading Russian Aluminum Stocks
May 04, 2018

The HKEx issued a circular to the broker that it would not be able to help American customers buy and sell Russian Aluminum shares after May 7th. The Foreign Assets Management Office (OFAC) of the US Treasury has placed Russian Aluminum on the sanctions list. The HKEx means that, according to the general license No. thirteenth, American people are allowed to sell or transfer the Russian Aluminum shares to non American people, and the license will be full in the eastern summer time of May 7th at 12 a.m. in 01. After the expiration of the license, no American person should be allowed or assisted to violate the OFAC sanctions for the sale of Russian Aluminum shares.

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