national-security 13 May 2021

US persons free to buy stock in Luokung, previously designated by Trump as ‘CCMC’

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The US District Court of Columbia has found in favour of a Nasdaq-traded Chinese company, which had been designated as a ‘Communist Chinese Military Company’ under the authority of the Trump-era executive order, EO 13959, meaning that US persons are free to buy its shares.

In the case of...

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