American flags hang outside of the New York Stock Exchange, in this Feb 16, 2021, file photo. (FRANK FRANKLIN II/AP)

Chinese smartphone maker Xiaomi Corp was eligible to be included on indices again, S&P Dow Jones Indices said on Monday, after a federal judge suspended a US investment ban in the company on the grounds it has ties to China’s military.

Indices that removed Xiaomi will review its securities for eligibility at their next scheduled rebalancing, S&P DJI said on Monday

The Defense Department, under the Trump administration in mid-January, added Xiaomi and eight other companies to a list that requires Americans to sell their interests in the firms by a deadline.

READ MORE: Court ruling suspends US ban on investment in Xiaomi

S&P DJI said earlier this month it would remove certain securities included in the list but US District Judge Rudolph Contreras suspended the blacklisting for Beijing-based Xiaomi, citing the US government’s “deeply flawed” process for including it in the ban.

Indices that removed Xiaomi will review its securities for eligibility at their next scheduled rebalancing, S&P DJI said here on Monday.

The index provider added it would not consider mapping technology company Luokung Technology Corp, which is also suing its inclusion in the list, for addition to indices prior to May 8.

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