#Sanction #US
#Trump Signs Executive Order to Ban Investment in 31 #PLA related Companies
The US President Donald Trump has signed an executive order prohibiting Americans from investing in 31 Chinese companies allegedly tied with the People’s Liberation Army (PLA), including China Mobile, China Telecom, and the China Aviation Industry Corporation, covering industries such as telecommunication technology, aerospace, shipbuilding, and construction.
This executive order will take effect on Jan 11, 2021. All companies listed by the U.S. Department of Defense as owned or controlled by the Chinese military, are banned from US corporate, pension and personal investments.
The executive order covers stocks, funds, and derivatives. U.S. investors who hold these securities are required to sell them before November next year. In addition, investors will have 60 days to clear their holdings for any Chinese companies added to the list in the future.
#US #ChineseCompanies #DonaldTrump #InvestmentBan #ExecutiveOrder
Source: Stand New #Nov13
https://bit.ly/2V57x3v
#Trump Signs Executive Order to Ban Investment in 31 #PLA related Companies
The US President Donald Trump has signed an executive order prohibiting Americans from investing in 31 Chinese companies allegedly tied with the People’s Liberation Army (PLA), including China Mobile, China Telecom, and the China Aviation Industry Corporation, covering industries such as telecommunication technology, aerospace, shipbuilding, and construction.
This executive order will take effect on Jan 11, 2021. All companies listed by the U.S. Department of Defense as owned or controlled by the Chinese military, are banned from US corporate, pension and personal investments.
The executive order covers stocks, funds, and derivatives. U.S. investors who hold these securities are required to sell them before November next year. In addition, investors will have 60 days to clear their holdings for any Chinese companies added to the list in the future.
#US #ChineseCompanies #DonaldTrump #InvestmentBan #ExecutiveOrder
Source: Stand New #Nov13
https://bit.ly/2V57x3v
China Mobile, Telecom, and Unicom will be delisted as U.S. ban investment in Chinese military-related firms
The New York Stock Exchange announced on 31 Dec. 2020 that China Mobile, China Telecom, and China Unicom Hong Kong will be delisted so as to comply with President Trump’s November executive order, which prohibits U.S. capital from investing in Chinese military-linked firms. NYSE will suspend their ADR trading from 7th to 11th of January, after which they will be delisted.
President Trump’s executive order will become effective at 9 a.m. ET on 11 Jan., prohibits U.S. individual investors, investment firm, and pension funds from trading or investing in the stocks or derivatives of 31 Chinese firms. In addition to the three telecommunication companies mentioned above, Huawei, Hikvision, China Communications Construction, and China Railway Construction are included as well. The order also stipulates that U.S. investors will not be allowed to hold any securities products of these 31 Chinese firms on or before 11 Nov. 2022.
#NewYorkStockExchange #ChinaMobile #ChinaTelecom #ChinaUnicom #Huawei #ExecutiveOrder #USChinaRelation #ExecutiveOrder
Source: Stand News #Jan01
https://bit.ly/2N2ctp2
The New York Stock Exchange announced on 31 Dec. 2020 that China Mobile, China Telecom, and China Unicom Hong Kong will be delisted so as to comply with President Trump’s November executive order, which prohibits U.S. capital from investing in Chinese military-linked firms. NYSE will suspend their ADR trading from 7th to 11th of January, after which they will be delisted.
President Trump’s executive order will become effective at 9 a.m. ET on 11 Jan., prohibits U.S. individual investors, investment firm, and pension funds from trading or investing in the stocks or derivatives of 31 Chinese firms. In addition to the three telecommunication companies mentioned above, Huawei, Hikvision, China Communications Construction, and China Railway Construction are included as well. The order also stipulates that U.S. investors will not be allowed to hold any securities products of these 31 Chinese firms on or before 11 Nov. 2022.
#NewYorkStockExchange #ChinaMobile #ChinaTelecom #ChinaUnicom #Huawei #ExecutiveOrder #USChinaRelation #ExecutiveOrder
Source: Stand News #Jan01
https://bit.ly/2N2ctp2
Trump Signed an Executive Order to ban 8 Mobile Apps Transactions, Including Alipay and Wechat Pay
Donald Trump signed an executive order on 5 Jan local time banning transactions of 8 Chinese-related mobile apps, including Alipay and Wechat pay. The ban will take effect in 45 days.
The Trump government has not yet announced the contents of the order. However, Steve Herman, a reporter of the Voice of America who stationed in the White House, posted on Twitter that the prohibited transaction mobile apps include Alipay, Wechat pay, CamScanner, QQ wallet, SHAREit, Tencent QQ, VMate and WPS Office.
Donald Trump pointed out that the apps may be able to obtain personal and sensitive information of users via mobile devices, tablets and computers. The collected data may have a chance for the Chinese government to “track the position of Federal Government staff and contract staff and set up personal message files”. According to The Wall Street Journal, the order instructs the Secretary of Commerce Wilbur Ross to assess whether other software constitutes threats to the US national security. The order also requests the Secretary of Commerce, the Head of Justice Department and the Director of National Intelligence to publish suggestions to prevent US user data being transferred to the hands of the overseas opponents.
Source from: The Stand News #Jan06
https://bit.ly/35BvWDy
#Trump #ExecutiveOrder #Alipay #Wechatpay #China #US #Transactions #SteveHerman #MobileApps #ChineseApps #WallStreetJournal
Donald Trump signed an executive order on 5 Jan local time banning transactions of 8 Chinese-related mobile apps, including Alipay and Wechat pay. The ban will take effect in 45 days.
The Trump government has not yet announced the contents of the order. However, Steve Herman, a reporter of the Voice of America who stationed in the White House, posted on Twitter that the prohibited transaction mobile apps include Alipay, Wechat pay, CamScanner, QQ wallet, SHAREit, Tencent QQ, VMate and WPS Office.
Donald Trump pointed out that the apps may be able to obtain personal and sensitive information of users via mobile devices, tablets and computers. The collected data may have a chance for the Chinese government to “track the position of Federal Government staff and contract staff and set up personal message files”. According to The Wall Street Journal, the order instructs the Secretary of Commerce Wilbur Ross to assess whether other software constitutes threats to the US national security. The order also requests the Secretary of Commerce, the Head of Justice Department and the Director of National Intelligence to publish suggestions to prevent US user data being transferred to the hands of the overseas opponents.
Source from: The Stand News #Jan06
https://bit.ly/35BvWDy
#Trump #ExecutiveOrder #Alipay #Wechatpay #China #US #Transactions #SteveHerman #MobileApps #ChineseApps #WallStreetJournal