Update on US Sanctions Against Communist Chinese Military Companies and the Implications for Hong Kong’s Securities Market
This article provides a summary of the update on the United States (US) sanctions against Community Chinese Military companies and the implications for the securities market of Hong Kong. On 12 November 2020, the US President issued Executive Order 13959 (EO13959), which has caused significant market uncertainty; EO13959 prohibits certain transaction insecurities linked to what it has described as Communist Chinese Military Companies.