A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023.
Athit Perawongmetha | Reuters
BEIJING — U.S. investments in around 50 blacklisted Chinese companies have drawn the attention of the U.S. House of Representatives Select Committee on the Chinese Communist Party.
The committee on Tuesday announced it sent separate letters to MSCI and BlackRock asking for more information about the firms’ facilitation of U.S. investments into those Chinese companies.
The Chinese companies were blacklisted over claims of supporting China’s military or alleged human rights abuses, the committee said. It noted the initial review did not include one of the largest blacklists, the U.S. Department of Commerce’s Entity List.
“The true scale is likely much larger,” the letters said.
MSCI said in a statement it is reviewing the request for information, and that it doesn’t “facilitate” investments in any country. “MSCI indexes measure the performance of equity markets available to international investors, and comply with all applicable US laws,” the indexing giant said.
BlackRock did not immediately respond to a CNBC request for comment.
Here’s the full list of names, which are primarily state-owned companies:
Combined list of Chinese companies flagged by U.S. House committee
| AECC Aero-Engine Control Company Limited |
| AECC Aviation Power Co., Ltd. |
| Aerospace Ch Auv Company Limited |
| AVIC Aviation High-Technology Company Limited |
| AVIC Electromechanical Systems Company Limited |
| AVIC Heavy Machinery Company Limited |
| AVIC Helicopter Company Limited |
| AVIC Industry-Finance Holdings Company Limited (a.k.a. AVIC Capital Company Limited) |
| AVIC Jonhon-Optronic Technology Co., Ltd. |
| AVIC Shenyang Aircraft Company Limited |
| AVIC Xi’an Aircraft Industry Group Company Limited |
| Avicopter PLC |
| BGI Genomics Co., Ltd. |
| CETC Cyberspace Security Technology Co., Ltd. |
| CGN New Energy Holdings Co., Ltd. |
| CGN Power Co., Ltd. |
| Changsha Jingjia Microelectronics Co., Ltd. |
| China CSSC Holdings Ltd. |
| China Mobile Communications Group Company Limited |
| China National Chemical Corporation Ltd. (ChemChina) |
| China National Chemical Engineering Group Corporation Limited |
| China National Nuclear Corporation (CNNC) |
| China National Nuclear Corporation Hua Yuan Titanium Dioxide Company Limited |
| China National Nuclear Power Company Limited |
| China National Offshore Oil Corporation (CNOOC) |
| China Railway Construction Corporation Limited (CRCC) |
| China Spacesat Company Limited |
| China State Construction Engineering Corporation Limited |
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