PRC Military and Human Rights Capital Markets Sanctions Act of 2025

PRC Military and Human Rights Capital Markets Sanctions Act of 2025 would create a unified framework to block U.S. investment in a broad set of Chinese entities deemed to be connected to the Chinese military, human rights abuses, or other high-risk activities. Within 90 days of enactment, the President would compile a single, public list of “covered entities” drawn from multiple existing sanctions and export-control lists (e.g., Specially Designated Nationals, NS-CMIC, DoD military-company lists, Global Magnitsky sanctions, Uyghur Forced Labor Act lists, BIS Entity List, and other related lists). U.S. persons would be prohibited from buying, selling, or holding any publicly traded security of a covered entity, any derivative of such security, or any security providing investment exposure to such a security. The bill also requires rapid divestment: U.S. persons must unwind holdings within 180 days of identification, with separate timelines for securities identified before enactment and those identified afterward. Penalties include civil and criminal sanctions for violations, with fines up to $1 million and potential prison time for willful violations.