RWR Releases Report on the U.S. Capital Markets Exposure of Chinese PLA-Affiliated Companies Listed and Released by the Pentagon

Today, RWR pub­lished the attached report, enti­tled, “The U.S. Cap­i­tal Mar­kets Foot­prints of the Pentagon’s ‘First Tranche’ List of PLA-Affil­i­at­ed Chi­nese Enter­pris­es Oper­at­ing in the Unit­ed States.” The report exam­ines the risk pro­files of those com­pa­nies iden­ti­fied pub­licly by the U.S. Depart­ment of Defense on June 25 for being both asso­ci­at­ed with the Chi­nese mil­i­tary (the Peo­ple’s Lib­er­a­tion Army or PLA) and oper­at­ing “direct­ly or indi­rect­ly” in the Unit­ed States. RWR has deter­mined that at least 13 of the 20 com­pa­nies iden­ti­fied are pub­licly trad­ed and present in the U.S. cap­i­tal mar­kets, poten­tial­ly expos­ing U.S. investors to asym­met­ric finan­cial risks asso­ci­at­ed with the prob­lem­at­ic nation­al secu­ri­ty- and human rights-relat­ed records of these com­pa­nies.