A potential U.S. ban investment on Chinese tech could hurt these sectors [CNBC]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: CNBC
The White House is reportedly considering an executive order to ban U.S. investment into high-end Chinese tech , such as artificial intelligence, quantum computing, 5G and advanced semiconductors, according to a Politico report last week. It's unclear whether or when such a rule might take effect. The report indicated ongoing internal debate within the U.S. government. “If there were a strict investment ban on US investors, it could create a significant supply of shares over the grace period and hence potential large volatility in the near term,” Bank of America's Hong Kong-based research analysts said in a note Tuesday. “Potential long-term impact is less clear.” “Though AI is quite prevalent in today's online world, companies that don't have a large business in external AI solutions [will] likely see a lower chance [of] being targeted by the U.S. side,” the analysts said. Netherlands holds key to effectiveness of chip export controls on China: Analyst “Online travel compa
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