The move stems from an executive order President Donald Trump issued on Nov. 12 barring investment in publicly traded companies that the U.S. government says are owned or controlled by the Chinese military.
I'm confused by the executive order:
- Does this only concern US citizens, or also US legal permanent residents?
- I understand that such Chinese companies will be delisted from NYSE. Does it allow such Chinese companies to be still traded via OTC Bulletin Board?
- Does it allow US citizens/residence to own shares in such Chinese companies via non-US brokerage account?