One Big Beautiful Bill Act (OBBBA), 2025
Why China-relevant: 'specified foreign entity' expressly includes 'an entity identified as a Chinese military company operating in the United States in accordance with section 1260H of the... NDAA for FY2021' -- an explicitly-Chinese entity list (= L1).
Path to becoming law
- Introduced
- Passed committee
- Passed House
- Passed Senate
- Sent to President
- Became law
done next step still ahead
Legislative timeline — dated actions so far
- Filed
- Passed chamber (vote) [house]
- Passed chamber (vote) [senate]
- Sent to President
- Passed chamber (vote) [house]
- Became law
Resolved. Model had estimated 17% to become law
- + Is/rides a must-pass vehicle (NDAA or appropriations)
- + Sponsored by a member of the majority party
- − No cosponsors
Legislative likelihood — a tracking indicator, not investment advice.
Signals — secondary, directional
Directional context (see Methodology); the pinned, high-confidence axes are relevance and asset impact.
Shares that might be influenced
Each sector shows a direction (which way its China-related names are pushed) and, for precise mappings, how hard this bill hits the sector — rated marginal → very strong (1–5). Hover any chip for its definition. The headline 0–5 impact is at the top of the card.
Denies clean-energy/battery production credits to entities tied to Chinese military companies and covered nations, pressuring China-linked battery/clean-energy supply chains.
| Ticker | Name (Local) | Name (EN) | Restriction Lists |
|---|---|---|---|
| 300750.SZ | 宁德时代 | CATL (Contemporary Amperex) | 1260H |
| 002594.SZ | 比亚迪 | BYD | |
| 300274.SZ | 阳光电源 | SUNGROW POWER SUPPLY | |
| 000338.SZ | 潍柴动力 | WEICHAI POWER | |
| 600930.SS | 华电新能 | 华电新能 | |
| 0175.HK | 吉利汽车 | Geely Automobile Holdings Limited | |
| 601985.SS | 中国核电 | CNNP | |
| 9973.HK | 奇瑞汽车 | Chery Automobile Co., Ltd. | |
| 002460.SZ | 赣锋锂业 | Ganfeng Lithium | |
| 001289.SZ | 龙源电力 | CHINA LONGYUAN |
Favors ex-China critical-mineral supply by restricting China-linked credit eligibility.
| Ticker | Name (Local) | Name (EN) | Restriction Lists |
|---|---|---|---|
| 601899.SS | 紫金矿业 | Zijin Mining | |
| 603993.SS | 洛阳钼业 | CMOC | |
| 2259.HK | 紫金黄金国际 | ZIJIN GOLD INTERNATIONAL COMPANY LIMITED | |
| 002379.SZ | 宏桥控股 | Hongqiao Holdings | |
| 601600.SS | 中国铝业 | CHALCO | |
| 600111.SS | 北方稀土 | China Northern Rare Earth | |
| 000657.SZ | 中钨高新 | CHINA TUNGSTEN HIG | |
| 001280.SZ | 中国铀业 | 中国铀业 | |
| 600362.SS | 江西铜业 | JCCL | |
| 600547.SS | 山东黄金 | sd-gold |