China Issues Draft Trade Secret Rules After U.S. Sanctions
Published . Updated .
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-5.2% 30d
KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story.
- SMH VanEck Semiconductor ETF-0.1% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “china” (retail and consumer goods) in this story.
- FXI iShares China Large-Cap ETF-5.5% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- ASML ASML Holding N.V-10.0% 30d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “china” (semiconductors) in this story.
- NVDA Nvidia+1.8% 30d
Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “china” (semiconductors) in this story.
- TSM Taiwan Semiconductor Manufacturing+2.6% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “china” (semiconductors) in this story.
- BABA Alibaba Group Holding-11.0% 30d
Alibaba Group Holding (business services, with business in China): Chinese tech names move with Beijing policy and US-China relations. Linked by “china” (Chinese tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| KWEBNo price data for this ticker | — | — | — | — | — | — | — |
| SMHNo price data for this ticker | — | — | — | — | — | — | — |
| XRTNo price data for this ticker | — | — | — | — | — | — | — |
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| ASMLNo price data for this ticker | — | — | — | — | — | — | — |
| NVDANo price data for this ticker | — | — | — | — | — | — | — |
| TSMNo price data for this ticker | — | — | — | — | — | — | — |
| BABANo price data for this ticker | — | — | — | — | — | — | — |
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.
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China Issues Draft Trade Secret Rules After U.S. Sanctions WSJ
Source: The Wall Street Journal
Congressional trades in the stocks in this story
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 81 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Cleo Fields bought Nvidia (NVDA), worth $1,001 - $15,000 on 1 Oct 2026. That is 26 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Nvidia (NVDA) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Nvidia (NVDA) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 18 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 35 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 63 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Cory A Booker sold JD.com (JD) (held by a spouse), worth $1,001 - $15,000 on 11 Aug 2026. That is 77 days before publication. Filed 9 Sep 2026. View the filing.
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).
Who is named in “China Issues Draft Trade Secret Rules After U.S. Sanctions”
Companies tied to this story
- KWEB Kraneshares Csi China Internet Etf
Kraneshares Csi China Internet Etf (KWEB) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “China Issues Draft Trade Secret Rules After U.S. Sanctions.” Reason on file: KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story
- SMH Vaneck Etf Trust
In “China Issues Draft Trade Secret Rules After U.S. Sanctions,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) in this story
- XRT Spdr Series Trust
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “China Issues Draft Trade Secret Rules After U.S. Sanctions.” Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “china” (retail and consumer goods) in this story
- FXI Ishares China Large-Cap Etf
In “China Issues Draft Trade Secret Rules After U.S. Sanctions,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- BABA Alibaba Group Holding
In “China Issues Draft Trade Secret Rules After U.S. Sanctions,” Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence. Reason on file: Alibaba Group Holding (business services, with business in China): Chinese tech names move with Beijing policy and US-China relations. Linked by “china” (Chinese tech) in this story
- JD JD.com
JD.com (JD) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “China Issues Draft Trade Secret Rules After U.S. Sanctions.” Reason on file: JD.com (retail stores, with business in China): Chinese tech names move with Beijing policy and US-China relations. Linked by “china” (Chinese tech) in this story
- BIDU Baidu
For “China Issues Draft Trade Secret Rules After U.S. Sanctions,” Baidu (BIDU) is linked, with no stored direction, medium confidence. Reason on file: Baidu (computer programming, data processing, etc., with business in China): Chinese tech names move with Beijing policy and US-China relations. Linked by “china” (Chinese tech) in this story
- PDD PDD Holdings
For “China Issues Draft Trade Secret Rules After U.S. Sanctions,” PDD Holdings (PDD) is linked, with no stored direction, medium confidence. Reason on file: PDD Holdings (business services): Chinese tech names move with Beijing policy and US-China relations. Linked by “china” (Chinese tech) in this story
How “China Issues Draft Trade Secret Rules After U.S. Sanctions” reaches Kraneshares Csi China Internet Etf (KWEB)
On 27 Oct 2026, “China Issues Draft Trade Secret Rules After U.S. Sanctions” is the story that connects Kraneshares Csi China Internet Etf (KWEB) to this story.
Kraneshares Csi China Internet Etf (KWEB) is on the page because KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story
A second company, Vaneck Etf Trust (SMH), is listed for a different reason: VanEck Semiconductor ETF: it holds chipmakers. Linked by “china” (semiconductors) in this story
Dates and price levels for Kraneshares Csi China Internet Etf (KWEB)
KWEB traded between 22.93 and 25.02 across 20 sessions. The latest close on file is 23.20. SMH traded between 520.59 and 639.33 across 20 sessions. The latest close on file is 541.56. XRT traded between 83.12 and 86.10 across 2 sessions. The latest close on file is 83.23.
How strong the case is around Kraneshares Csi China Internet Etf (KWEB)
46 out of 100
“China Issues Draft Trade Secret Rules After U.S. Sanctions” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.