ACES Act of 2023
Why China-relevant: To require ByteDance to divest itself of certain assets ... counter the threat posed by mobile applications ... developed and owned by foreign adversaries, specifically the People's Republic of China and the Chinese Communist Party ... ByteDance shall divest itself of ... assets ... used to enable or support ByteDance'
Path to becoming law
- Introduced
- Passed committee
- Passed House
- Passed Senate
- Sent to President
- Became law
done next step still ahead did not advance
Legislative timeline — dated actions so far
- Filed
Resolved. Model had estimated 2% to become law
- + Broad cosponsorship (12 cosponsors)
- + Sponsored by a member of the majority party
- − Cosponsors are nearly all one party
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.
Forces ByteDance to divest TikTok US assets and prohibits TikTok transactions - a major forced divestiture on ByteDance
| Ticker | Name (Local) | Name (EN) | Restriction Lists |
|---|---|---|---|
| 0700.HK | 腾讯控股 | Tencent Holdings | 1260H |
| 9999.HK | 网易-S | NetEase, Inc. | |
| 9888.HK | 百度集团-SW | Baidu, Inc. | |
| 1024.HK | 快手-W | Kuaishou Technology | |
| 1698.HK | 腾讯音乐-SW | Tencent Music Entertainment Group | |
| 002602.SZ | 世纪华通 | CENTURY HUATONG | |
| 002027.SZ | 分众传媒 | FOCUS MEDIA | |
| 688387.SS | 信科移动-U | CICT MOBILE | |
| 300058.SZ | 蓝色光标 | BLUEFOCUS | |
| 9626.HK | 哔哩哔哩-W | Bilibili Inc. |