NewsBreak: White House Considering Limits to U.S. Portfolio Flows Into China

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© Reuters. © Reuters. – The stock market tumbled into the red Friday after a Bloomberg report that the U.S. is considering ways to limit investor portfolio flows into China.

  • The White House is also considering de-listing Chinese companies from U.S. exchanges and examining limits on Chinese companies included in stock indexes that are managed by American firms.
  • The news comes as the two sides are set to return to trade negotiations on Oct. 10.
  • The was flat at 26,895.14 points by 11:49 AM ET (15:49 GMT), while the was down 5 points, or 0.2%, and the lost 42 points, or 0.5%.
  • Shares of Chinese e-commerce giant Alibaba (NYSE:) slid 4%.
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