Three major U.S. investment banks will delist a total of about 500 Hong Kong-listed structured products, according to corporate filings from Hong Kong stock exchanges on Sunday. Goldman Sachs, JPMorgan, and Morgan Stanely stated that the delisting was in compliance with President Donald Trump’s executive order (E.O.) 13959. Trump issued the order (pdf) on Nov. 12 last year, banning U.S. investments in Chinese companies that have been designated by the Pentagon as having ties to the Red Chinese military, citing threats to U.S. national security. A total of 35 Chinese companies (pdf) are banned, including three Chinese telecom companies; China Mobile, China Telecommunications, and China United Network Communications, as well as surveillance equipment maker Hikvision, semiconductor chipmaker SMIC, and railcar-maker CRRC. The ban comes into force on Jan. 11 when U.S. investors, including pension funds, will be prohibited from trading any securities of these blacklisted Chinese companies. However, transactions to …