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Here's what's targeted by Trump's new #China EO:
"Cos DoD listed, or will list, pursuant to S.1237 of Public Law 105-261, as amended, or identified as Communist Chinese military cos or their subs by the Secretary of Treasury using similar criteria"
1/6 https://www.whitehouse.gov/briefings-statements/text-letter-speaker-house-representatives-president-senate-111220-4/
"Cos DoD listed, or will list, pursuant to S.1237 of Public Law 105-261, as amended, or identified as Communist Chinese military cos or their subs by the Secretary of Treasury using similar criteria"
1/6 https://www.whitehouse.gov/briefings-statements/text-letter-speaker-house-representatives-president-senate-111220-4/
31 
cos in total
Original 20:
Notables #Hikvision, #Huawei, AVIC, Norinco, China Mobile, #China Telecom, China Railway
https://media.defense.gov/2020/Aug/28/2002486659/-1/-1/1/LINK_2_1237_TRANCHE_1_QUALIFIYING_ENTITIES.PDF
Next 11:
Notables Sinochem, ChemChina, China Communications Construction, China 3 Gorges Corp Ltd
https://media.defense.gov/2020/Aug/28/2002486689/-1/-1/1/LINK_1_1237_TRANCHE-23_QUALIFYING_ENTITIES.PDF
2/6
cos in totalOriginal 20:
Notables #Hikvision, #Huawei, AVIC, Norinco, China Mobile, #China Telecom, China Railway
https://media.defense.gov/2020/Aug/28/2002486659/-1/-1/1/LINK_2_1237_TRANCHE_1_QUALIFIYING_ENTITIES.PDF
Next 11:
Notables Sinochem, ChemChina, China Communications Construction, China 3 Gorges Corp Ltd
https://media.defense.gov/2020/Aug/28/2002486689/-1/-1/1/LINK_1_1237_TRANCHE-23_QUALIFYING_ENTITIES.PDF
2/6
China Three Gorges Corp Ltd may not be a household name, but it may have the most to lose. It's a listed sub of China Yangtze Power, #China's 19th most valuable co by market cap & 184th most valuable co in the world
#Hikvision checks in next at 21st in China & #195 globally
3/6
#Hikvision checks in next at 21st in China & #195 globally
3/6
2 of the cos— #China Mobile & China Telecom—have units that trade on US exchanges.
Per @WSJ, "many are traded on Chinese stock exchanges, including HK’s, & are sometimes purchased by US investors as a part of mutual funds"
4/6
Per @WSJ, "many are traded on Chinese stock exchanges, including HK’s, & are sometimes purchased by US investors as a part of mutual funds"
4/6
As of Jan 11, 2021, under the authority of #IEEPA, the executive order prohibits any transaction by a US investor in the securities of those cos, or their derivatives
Permitted divestiture period is a year, thru Nov 11, 2021
5/6 https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-securities-investments-finance-communist-chinese-military-companies/
Permitted divestiture period is a year, thru Nov 11, 2021
5/6 https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-securities-investments-finance-communist-chinese-military-companies/
Yet "how many Americans own such securities or even how much money is at stake is unclear, according to White House officials"
6/6 https://www.wsj.com/articles/trump-bars-americans-from-investing-in-firms-that-help-chinas-military-11605209431
6/6 https://www.wsj.com/articles/trump-bars-americans-from-investing-in-firms-that-help-chinas-military-11605209431
