Protecting Americans’ Data from Foreign Adversaries Act of 2024
Why China-relevant: Protecting Americans' Data from Foreign Adversaries Act prohibits data brokers from selling personally identifiable sensitive data of US persons to 'foreign adversary countries' or entities controlled by foreign adversaries. Zero explicit China mentions, but 'foreign adversary country' is a statutory term defined to in
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
- Advanced in committee
- Passed chamber (vote) [house]
Resolved. Model had estimated 2% to become law
- + Bipartisan support (3/5 cosponsors from across the aisle)
- + Broad cosponsorship (5 cosponsors)
- − Sponsor is in the minority 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.
Data transfer prohibition to foreign adversary countries (PRC) directly restricts Chinese-owned platforms' ability to collect and transfer US user data, undermining business models of TikTok and similar apps
| 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. |
Data broker restrictions on PRC-controlled entities extend to Chinese telecom cloud and data services operating in the US
| Ticker | Name (Local) | Name (EN) | Restriction Lists |
|---|---|---|---|
| 600941.SS | 中国移动 | CHINA MOBILE | NS-CMIC |
| 300308.SZ | 中际旭创 | ZHONGJI INNOLIGHT | |
| 300502.SZ | 新易盛 | EOPTOLINK | |
| 601728.SS | 中国电信 | China Telecom | NS-CMIC |
| 601869.SS | 长飞光纤 | YOFC | |
| 000063.SZ | 中兴通讯 | ZTE | |
| 600487.SS | 亨通光电 | HTGD | |
| 002281.SZ | 光迅科技 | ACCELINK | |
| 300442.SZ | 润泽科技 | RANGE TECHNOLOGY | |
| 600522.SS | 中天科技 | ZTT |