https://wccftech.com/alibaba-nyse-baba-tencent-hkg0700-dodge-us-investor-ban-for-now/

Days before Joe Biden is scheduled to assume the office of the President of the United States, the State Department has said that it will not ban Americans from investing in Alibaba (NYSE:BABA) and Tencent (HKG:0700) after re-assessing their ties to the Chinese military. 

According to prior reports, the State Department was set to put the two companies on a list of firms with close ties to the People’s Liberation Army which would ban Americans from investing in them and ban US-based exchanges, like the New York Stock Exchange, from listing their shares. In November, President Trump signed an executive order that prohibits US nationals or entities from investing in firms that supply, support, or are owned by the PLA. Within this executive order were 31 companies, two of which are listed on US markets: China Mobile and China Telecom.