Bunny Hills
L1 3.0 finance hr5923-118

Iran-China Energy Sanctions Act of 2023

Why China-relevant: impose restrictions on correspondent and payable-through accounts in the United States with respect to Chinese financial institutions that conduct transactions involving the purchase of petroleum or petroleum products from Iran ... a significant financial transaction includes any transaction by a Chinese financial inst

Sponsor: Lawler, Michael (R-NY) · 10 cosponsors bipartisan

Path to becoming law

  1. Introduced
  2. Passed committee
  3. Passed House
  4. Passed Senate
  5. Sent to President
  6. Became law

done next step still ahead did not advance

Legislative timeline — dated actions so far

  1. Filed
  2. Advanced in committee
  3. Passed chamber (vote) [house]
Stage: Died in the 118th Congress

Resolved. Model had estimated 1% to become law

  • + Broad cosponsorship (10 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

PRC retaliation risk high Hawkishness 1–5 4

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.

China Financials negative modest (2/5) precise 359 names

Threatens US correspondent-account sanctions on Chinese banks transacting for Iranian petroleum, a significant secondary-sanctions risk for Chinese financial institutions

Ticker Name (Local) Name (EN) Restriction Lists
601939.SS 建设银行 CCB
601398.SS 工商银行 ICBC
0005.HK 汇丰控股 HSBC Holdings
601288.SS 农业银行 AGRICULTURAL BANK OF CHINA
601988.SS 中国银行 Bank of China
601318.SS 中国平安 Ping An Insurance
601628.SS 中国人寿 China Life
600036.SS 招商银行 CMB
1299.HK 友邦保险 AIA Group Limited
601658.SS 邮储银行 PSBC
+349 more