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Beijing opposes US sanctions on 2 Chinese firms

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Beijing opposes US sanctions on 2 Chinese firms

This report is about Chinese tech and semiconductors.

Directly affected

  • No company is named in this report.

Indirectly affected

  • KWEB KraneShares CSI China Internet ETF-8.2% 30d

    KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “chinese” (Chinese tech) in this story.

  • SMH VanEck Semiconductor ETF-16.4% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “chinese” (semiconductors) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds retailers. Linked by “chinese” (retail and consumer goods) in this story.

  • FXI iShares China Large-Cap ETF-5.1% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”).

  • ASML ASML Holding N.V-7.1% 13d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chinese” (semiconductors) in this story.

  • NVDA Nvidia-8.4% 30d

    Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chinese” (semiconductors) in this story.

  • TSM Taiwan Semiconductor Manufacturing-9.5% 30d

    Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chinese” (semiconductors) in this story.

  • BABA Alibaba Group Holding-13.4% 12d

    Alibaba Group Holding (business services, with business in China): Chinese tech names move with Beijing policy and US-China relations. Linked by “chinese” (Chinese tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
KWEB-6.11%-2.23%baseafter closeafter closeafter closeafter close
SMH+9.57%+8.79%baseafter closeafter closeafter closeafter close
XRT+1.17%+4.73%baseafter closeafter closeafter closeafter close
FXI-4.96%-1.02%baseafter closeafter closeafter closeafter close
ASML+7.09%+5.03%baseafter closeafter closeafter closeafter close
NVDA+8.30%+7.21%baseafter closeafter closeafter closeafter close
TSM+6.26%+5.43%baseafter closeafter closeafter closeafter close
BABA-7.26%-3.76%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Beijing opposes US sanctions on 2 Chinese firms Breakingthenews.net

Source: Breakingthenews.net

This story

CompanyWhenMoveStatus
ASMLthree days earlier+5.03%final price
ASMLfive days earlier+7.09%final price
BABAthree days earlier-3.76%final price
BABAfive days earlier-7.26%final price
FXIthree days earlier-1.02%final price
FXIfive days earlier-4.96%final price
KWEBthree days earlier-2.23%final price
KWEBfive days earlier-6.11%final price
NVDAthree days earlier+7.21%final price
NVDAfive days earlier+8.30%final price
SMHthree days earlier+8.79%final price
SMHfive days earlier+9.57%final price
TSMthree days earlier+5.43%final price
TSMfive days earlier+6.26%final price
XRTthree days earlier+4.73%final price
XRTfive days earlier+1.17%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Beijing opposes US sanctions on 2 Chinese firms” looks

12 out of 100

“Beijing opposes US sanctions on 2 Chinese firms” scores 12 out of 100. The score uses 1 sources.