China opposes US sanctions on firms over Cuba ties
Published . Updated .
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China voiced firm opposition on Friday to US sanctions targeting two Chinese companies over their dealings with Cuba, pledging to take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises.
Directly affected
- No company is named in this report.
Indirectly affected
- KWEB KraneShares CSI China Internet ETF-6.8% 30d
KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story.
- SMH VanEck Semiconductor ETF-16.4% 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-5.1% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- BABA Alibaba Group Holding-11.5% 13d
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+1.7% 6d
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-10.9% 30d
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
PDD Holdings (business services): 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 |
|---|---|---|---|---|---|---|---|
| KWEB | -8.02% | -5.90% | base | after close | after close | after close | after close |
| SMH | +17.15% | +16.15% | base | after close | after close | after close | after close |
| XRT | -2.55% | -2.49% | base | after close | after close | after close | after close |
| FXI | -5.13% | -4.93% | base | after close | after close | after close | after close |
| BABA | -9.29% | -7.17% | base | after close | after close | after close | after close |
| JD | -10.32% | -6.07% | base | after close | after close | after close | after close |
| BIDU | -3.87% | -3.13% | base | after close | after close | after close | after close |
| PDD | -6.42% | -4.58% | base | after close | after close | after close | after 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.
China opposes US sanctions on firms over Cuba ties China Daily
Source: China Daily
This story
| Company | When | Move | Status |
|---|---|---|---|
| BABA | three days earlier | -7.17% | final price |
| BABA | five days earlier | -9.29% | final price |
| BIDU | three days earlier | -3.13% | final price |
| BIDU | five days earlier | -3.87% | final price |
| FXI | three days earlier | -4.93% | final price |
| FXI | five days earlier | -5.13% | final price |
| JD | three days earlier | -6.07% | final price |
| JD | five days earlier | -10.32% | final price |
| KWEB | three days earlier | -5.90% | final price |
| KWEB | five days earlier | -8.02% | final price |
| PDD | three days earlier | -4.58% | final price |
| PDD | five days earlier | -6.42% | final price |
| SMH | three days earlier | +16.15% | final price |
| SMH | five days earlier | +17.15% | final price |
| XRT | three days earlier | -2.49% | final price |
| XRT | five days earlier | -2.55% | final price |
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 “China opposes US sanctions on firms over Cuba ties” looks
12 out of 100
“China opposes US sanctions on firms over Cuba ties” scores 12 out of 100. The score uses 1 sources.