Geopolitics Alpha

Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days

Published . Updated .

Key takeaways

  • Taiwan's Ministry of Economic Affairs, acting under authority granted by the Trade Act and in line with commitments under the US-Taiwan Agreement on…
  • Exposed: SMH, SOXX, KWEB, XRT, FXI
  • Market reaction: price tracking starts with the next trading session.

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Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days

Taiwan's Ministry of Economic Affairs, acting under authority granted by the Trade Act and in line with commitments under the US-Taiwan Agreement on…

Directly affected

  • No company is named in this report.

Indirectly affected

  • SMH VanEck Semiconductor ETF-16.4% 30d

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

  • SOXX iShares Semiconductor ETF-20.8% 30d

    iShares Semiconductor ETF: it holds chipmakers. Linked by “export controls” (semiconductors) in this story.

  • KWEB KraneShares CSI China Internet ETF-4.6% 30d

    KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) 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”).

  • EWT iShares MSCI Taiwan ETF+4.7% 30d

    iShares MSCI Taiwan ETF holds stocks listed in Taiwan, which this story is about (“taiwan”).

  • TSM Taiwan Semiconductor Manufacturing-11.9% 30d

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

  • ASML ASML Holding N.V-0.8% 16d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SMH+9.58%+0.86%baseafter closeafter closeafter closeafter close
SOXX+12.28%+1.42%baseafter closeafter closeafter closeafter close
KWEB-1.33%-2.26%baseafter closeafter closeafter closeafter close
XRT-2.30%-0.06%baseafter closeafter closeafter closeafter close
FXI-2.21%-0.21%baseafter closeafter closeafter closeafter close
EWT+10.81%+2.83%baseafter closeafter closeafter closeafter close
TSM+8.61%+0.30%baseafter closeafter closeafter closeafter close
ASML+7.25%+0.88%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.

Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days BigGo Finance

Source: BigGo Finance

How far Vaneck Etf Trust (SMH) has moved since 4 Nov 2026

CompanyWhenMoveStatus
Asml Holding (ASML)three days earlier+0.88%final price
Asml Holding (ASML)five days earlier+7.25%final price
EWTthree days earlier+2.83%final price
EWTfive days earlier+10.81%final price
Ishares China Large-Cap Etf (FXI)three days earlier-0.21%final price
Ishares China Large-Cap Etf (FXI)five days earlier-2.21%final price
Kraneshares Csi China Internet Etf (KWEB)three days earlier-2.26%final price
Kraneshares Csi China Internet Etf (KWEB)five days earlier-1.33%final price
Vaneck Etf Trust (SMH)three days earlier+0.86%final price
Vaneck Etf Trust (SMH)five days earlier+9.58%final price
Ishares Tr (SOXX)three days earlier+1.42%final price
Ishares Tr (SOXX)five days earlier+12.28%final price
Taiwan Semiconductor Manufacturing (TSM)three days earlier+0.30%final price
Taiwan Semiconductor Manufacturing (TSM)five days earlier+8.61%final price
Spdr Series Trust (XRT)three days earlier-0.06%final price
Spdr Series Trust (XRT)five days earlier-2.30%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).

Who gains and who loses around Vaneck Etf Trust (SMH)

Companies carried with this story

  • SMH Vaneck Etf Trust

    Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days.” Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “export controls” (semiconductors) in this story

  • SOXX Ishares Tr

    For “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days,” Ishares Tr (SOXX) is linked, with no stored direction, medium confidence. Reason on file: iShares Semiconductor ETF: it holds chipmakers. Linked by “export controls” (semiconductors) in this story

  • KWEB Kraneshares Csi China Internet Etf

    In “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days,” Kraneshares Csi China Internet Etf (KWEB) is linked, with no stored direction, medium confidence. Reason on file: KraneShares CSI China Internet ETF: it holds Chinese internet companies. Linked by “china” (Chinese tech) in this story

  • XRT Spdr Series Trust

    For “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. 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 “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days,” 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”)

  • ASML Asml Holding

    For “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. Reason on file: ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “export controls” (semiconductors) in this story

  • NVDA Nvidia

    Nvidia (NVDA) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days.” Reason on file: Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “export controls” (semiconductors) in this story

  • TSM Taiwan Semiconductor Manufacturing

    For “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days,” Taiwan Semiconductor Manufacturing (TSM) is linked, with no stored direction, medium confidence. Reason on file: Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “export controls” (semiconductors) in this story

Vaneck Etf Trust (SMH)

Vaneck Etf Trust (SMH) is the company in “Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days,” the 4 Nov 2026 this story story.

What ties Vaneck Etf Trust (SMH) to the headline is this: VanEck Semiconductor ETF: it holds chipmakers. Linked by “export controls” (semiconductors) in this story

A second company, Ishares Tr (SOXX), is listed for a different reason: iShares Semiconductor ETF: it holds chipmakers. Linked by “export controls” (semiconductors) in this story

Dates and price levels for Vaneck Etf Trust (SMH)

KWEB traded between 22.90 and 25.02 across 20 sessions. The latest close on file is 23.13. SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. SOXX traded between 452.10 and 596.35 across 20 sessions. The latest close on file is 453.73.

A simple score for Vaneck Etf Trust (SMH)

46 out of 100

“Machine Tools Excluded From First Wave of China Export Controls, but Syntec Still Posts Two Straight Limit-Down Days” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.