National Security Supplemental, 2024 (incl. TikTok divest-or-ban / PAFACA)
Why China-relevant: Indo-Pacific Security Supplemental Appropriations Act, 2024 ... $1,900,000,000 ... to respond to the situation in Taiwan ... Division H—Protecting Americans from Foreign Adversary Controlled Applications Act ... It shall be unlawful for an entity to distribute, maintain, or update ... a foreign adversary controlled app
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]
- Passed chamber (vote) [house]
- Passed chamber (vote) [senate]
- Sent to President
- Became law
Resolved. Model had estimated 50% to become law
- + Is/rides a must-pass vehicle (NDAA or appropriations)
- + Broad cosponsorship (6 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.
Enacts the ByteDance/TikTok divest-or-ban (PAFACA, Division H) -- an existential threat to ByteDance's US operations -- plus Taiwan/Indo-Pacific defense funding
| 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. |