President signs Executive Order prohibiting US Persons from purchasing securities of certain Chinese companies
On November 12, 2020, President Trump signed Executive Order 13959, “Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies” (the “China Securities EO”), which aims to prevent US investors from financing the development of the People’s Republic of China’s military, intelligence, and security capabilities by prohibiting purchases of securities of certain “Communist Chinese military companies.”
See https://www.govinfo.gov/content/pkg/FR-2020-11-17/pdf/2020-25459.pdf
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