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These Chinese Companies Were Added to the U.S. Banned List. What Investors Need to Know.


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Investors in Chinese companies may want to take a deeper dive into their holdings. The State Department this week released the names of more than 1,100 Chinese subsidiaries that fall under the scope of a November executive order that bans U.S. investment in companies the U.S. says has ties to China’s military. Only a handful though are likely in U.S. investors’ portfolios.
It’s the latest development related to an executive order signed by President Donald Trump in November that has created investor confusion about what subsidiaries...
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Investors in Chinese companies may want to take a deeper dive into their holdings.

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News Updates: New York City to Terminate Trump Contracts After Capitol Riot


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Here’s what you need to know to navigate the markets today.
• The House voted 232 to 197 to impeach President Donald Trump for “incitement of insurrection.” The vote was largely along party lines, with 10 Republicans joining House Democrats in support of impeachment. Trump has now become the first president in U.S. history to be impeached twice. Andrew Johnson and Bill Clinton are the only other presidents in U.S. history to be impeached. Trump was impeached on Dec. 19, 2019, for abuse of power and obstruction of justice for...
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Here’s what you need to know to navigate the markets today.

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Trump's Ban on Chinese Stocks Roils Investors


Trump’s Ban on Chinese Stocks Roils Investors
Executive order was meant to hit China’s military, but has frustrated some U.S. investors
The order bans Americans from trading the securities of dozens of Chinese companies such as China Mobile.
Photo: Mark Schiefelbein/Associated Press
By
Jan. 10, 2021 5:30 am ET
U.S. investors have borne the brunt of an executive order signed by President Trump that was meant to hit the Chinese military by curtailing access to American dollars.
The order, which takes effect Monday, bans Americans from trading the securities of dozens of Chinese companies. People who invested in those stocks are upset after a confusing series of events over the past two weeks. During that time, U.S. officials, the New York Stock Exchange and brokerage firms sent mixed signals over which stocks would be prohibited and...

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China Issues New Rules In Response to U.S. Sanctions. What Could Come Next.


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China unveiled new rules on Saturday, pushing back against a spate of U.S. executive orders that have blacklisted Chinese companies and restricted their access to U.S. technologies. It’s the latest reminder for investors that U.S.-China tensions are here to stay.
China’s Ministry of Commerce unveiled an order Saturday for “counteracting unjustified extraterritorial application of foreign laws.” The rules establish a vague and open-ended regime aimed at dissuading the U.S. and other foreign governments from adopting unilateral sanctions or applying them against Chinese entities and individuals, Lester Ross, partner-in-charge of law firm WilmerHale’s Beijing office, told

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Blacklisted Chinese Telecoms Carriers Cut From Stock Indexes


Updated Jan. 8, 2021 4:14 am ET
Shares in China’s three major telecommunications companies dropped in Hong Kong on Friday, after index compilers said they would remove the stocks from their benchmarks due to a U.S. government investment ban.
The removals come after a period of uncertainty about whether the shares would be covered by the ban and flip flops by the New York Stock Exchange about whether to delist American depositary receipts issued by the three companies, China Mobile Ltd. , China Telecom Corp. and China Unicom (Hong Kong) Ltd.
Guidance from the Treasury Department this week made it clear that the publicly traded units would be covered, as well as their closely held parent companies, which the U.S. government has already named as helping the Chinese military.

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NYSE Reverses Course Again to Delist Chinese Telecoms. Why the Confusion May Continue.

The stock exchange’s reversal was the latest sign of confusion for investors and companies as they navigate a series of broad China-related executive orders.

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Global Markets Rise Despite Turmoil in U.S. Capitol


Stocks Rise to Records as Tech Shares Recover
Investors look beyond U.S. political discord as Nasdaq advances after Wednesday decline
A congressional exercise in the peaceful transfer of power devolved into deadly chaos when a pro-Trump mob stormed the Capitol. Hours after the riots, Congress reconvened and certified President-elect Joe Biden’s victory. Photo: Lev Radin/Pacific Press via ZUMA Wire
By
Updated Jan. 7, 2021 4:40 pm ET
Political unrest in Washington didn’t dent the stock market’s ongoing rally Thursday, with shares of U.S. companies big and small closing at fresh records.
Investors largely looked past Wednesday afternoon’s violent clash between pro-Trump protesters and law enforcement in the Capitol building, instead focusing on what the shift of political power from Republicans to Democrats means for the market.

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NYSE Takes Heat After Flip-Flop on Chinese Companies


Updated Jan. 5, 2021 7:16 pm ET
The New York Stock Exchange is in the hot seat after a baffling flip-flop in which it first said it would delist three Chinese companies to comply with an executive order from President Trump, only to reverse itself four days later.
The NYSE’s U-turn drew criticism from the administration of President Trump, who signed the order in November ordering a ban on the trading of securities of companies U.S. officials say have links to the Chinese military.
The order was one of the last salvos by Mr. Trump to get tough on Beijing and put the NYSE in a difficult situation since the exchange has long welcomed initial public offerings of companies from China.

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