Appropriations Act, 2025
Why China-relevant: Legislative Branch Appropriations Act FY2025 (rs). Multiple operative appropriations provisions: (1) none of the funds...may be used to purchase a drone manufactured in the People's Republic of China or by a business affiliated with PRC; (2) Sec. 208: none of the funds may be used to acquire telecommunications equipmen
Path to becoming law
- Introduced
- Passed committee
- Passed Senate
- Passed House
- Sent to President
- Became law
done next step still ahead did not advance
Legislative timeline — dated actions so far
- Filed
- Advanced in committee [senate]
Resolved. Model had estimated 0% to become law
- + Sponsored by a member of the majority party
- − No cosponsors
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.
Direct prohibition on Huawei and ZTE telecom equipment acquisition for Legislative Branch; reinforces and extends existing Huawei/ZTE bans
| 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 |
Prohibition on PRC-manufactured drones from Legislative Branch procurement; negative impact on DJI and other Chinese drone makers
| Ticker | Name (Local) | Name (EN) | Restriction Lists |
|---|---|---|---|
| 9988.HK | 阿里巴巴-W | Alibaba Group Holding Limited | |
| 9618.HK | 京东集团-SW | JD.com, Inc. | |
| 9961.HK | 携程集团-S | Trip.com Group Limited | |
| 2057.HK | 中通快递-W | ZTO Express (Cayman) Inc. | |
| PDD | 拼多多 | PDD Holdings (ADR) | |
| 9987.HK | 百胜中国 | Yum China Holdings, Inc. | |
| 1179.HK | 华住集团-S | H World Group Limited | |
| 9901.HK | 新东方-S | NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. | |
| 2076.HK | BOSS直聘-W | KANZHUN LIMITED | |
| 9896.HK | 名创优品 | MINISO Group Holding Limited |