China Fund : Impact of the U.S. Ban on Communist Chinese Military Companies

Impact of the U.S. Ban on Communist Chinese Military Companies On November 12, 2020, Donald Trump issued Executive Order 13959 (‘E.O.’), which was designed to protect U.S. investors from financing Communist Chinese Military Companies (‘CCMCs’). The E.O. prohibits United States persons from purchasing: (i) publicly traded securities of any named CCMC, (ii) any securities that are derivative of publicly traded securities of any named CCMC, and (iii) any securities that are designed to provide investment exposure to publicly traded securities of any named CCMC.…

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