Bunny Hills
L2 1.5 tech s3614-119

Internet Application I.D. Act

Why China-relevant: Internet Application I.D. Act — operative provisions restrict internet applications 'owned, wholly or partially, by a foreign adversary country' per Commerce Department foreign adversary designation (15 CFR 7.4 or similar). 'Foreign adversary country' proxy includes PRC. G=2 (proxy), L=0 (no direct China naming confirm

Sponsor: Cortez Masto, Catherine (D-NV) · 2 cosponsors bipartisan

Path to becoming law

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

done next step still ahead

Legislative timeline — dated actions so far

  1. Filed
Stage: In committee

1% to become law · 14% to clear committee

  • + Bipartisan support (1/2 cosponsors from across the aisle)
  • + 2 cosponsors
  • − Sponsor is in the minority 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.

Social Media negative strong (4/5) precise 364 names

Chinese social media apps (TikTok, WeChat) owned by PRC-designated foreign adversary countries subject to identification requirements

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.
+354 more
5G / Telecom negative modest (2/5) precise 131 names

PRC-linked internet applications face enhanced identification and restriction obligations

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
+121 more

Named unlisted entities (read-across to listed proxies)

ByteDance Ltd. private
0700.HK listed China internet peer (Tencent)BABA China internet/ADR peer