arrow_back Back to App

Ban on US investment in Chinese A-Shares to protect national security.

This law immediately bans US citizens and companies from buying, selling, or owning A-Shares listed on stock exchanges in Shanghai, Shenzhen, and Beijing. The goal is to cut off funding for Chinese companies linked to the military, intelligence, and human rights abuses. US investors, including those with retirement accounts, must sell off these assets within 180 days to avoid severe penalties.
Key points
Mandatory divestment of Chinese A-Shares from CCP-controlled exchanges within 180 days of the Act's enactment.
The ban applies to all US investors, including pension funds, 401(k) plans, and individual IRA accounts.
Introduction of strict civil and criminal penalties (fines up to $25 million and imprisonment) for violating the investment prohibition.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_4586
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2024-06-18