China Commerce Ministry Announced Export Controls On Drone-related Equipment Effective Sept 1
Portfolio Pulse from Charles Gross
China's Commerce Ministry has announced export controls on drone-related equipment, effective from September 1. This move comes amid ongoing tech tensions between China and the US.
July 31, 2023 | 10:14 am
News sentiment analysis
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NEGATIVE IMPACT
AeroVironment (AVAV) may face supply chain disruptions due to China's new export controls on drone-related equipment.
AeroVironment (AVAV) is a major player in the drone industry. The new export controls from China could potentially disrupt their supply chain, leading to increased costs and delays, which could negatively impact their stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The iShares China Large-Cap ETF (FXI) could be indirectly affected by China's new export controls on drone-related equipment.
The iShares China Large-Cap ETF (FXI) tracks the performance of the largest companies in the Chinese stock market. The new export controls could potentially impact the performance of companies within the ETF, leading to a negative impact on the ETF's performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
AgEagle Aerial Systems (UAVS) could face supply chain disruptions due to China's new export controls on drone-related equipment.
AgEagle Aerial Systems (UAVS) is a significant player in the drone industry. The new export controls from China could potentially disrupt their supply chain, leading to increased costs and delays, which could negatively impact their stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Vislink Technologies (VISL) could face supply chain disruptions due to China's new export controls on drone-related equipment.
Vislink Technologies (VISL) is a significant player in the drone industry. The new export controls from China could potentially disrupt their supply chain, leading to increased costs and delays, which could negatively impact their stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could see minimal impact from China's new export controls on drone-related equipment.
The SPDR S&P 500 ETF (SPY) tracks the performance of the S&P 500 Index. Given the broad diversification of the ETF, the impact of China's new export controls on drone-related equipment is likely to be minimal.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 40