L1 2.0 tech hr1189-118

Undersea Cable Control Act

Why China-relevant: Def: 'foreign adversary... (A) has the meaning given... in 47 U.S.C. 1607(c); and (B) includes the People's Republic of China.' Sec.2: strategy 'to eliminate the availability to foreign adversaries of goods and technologies capable of supporting undersea cables.'

Path to becoming law

Introduced 2023-02-24
Passed committee 2023-02-28
Passed House 2023-03-27
Passed Senate
Sent to President
Became law

done next step still ahead did not advance

Legislative timeline — dated actions so far

2023-02-24 Filed
2023-02-28 Advanced in committee
2023-03-27 Passed chamber (vote) [house]

Stage: Died in the 118th Congress

Resolved. Model had estimated 2% to become law

+ Bipartisan support (2/3 cosponsors from across the aisle)

− No companion bill in the other chamber
− Sponsor's party does not control both chambers

Legislative likelihood — a tracking indicator, not investment advice.

Signals — secondary, directional

PRC retaliation risk medium Hawkishness 4

Directional context (see Methodology); the pinned, high-confidence axes are relevance and asset impact.

Shares that might be influenced

Each sector shows a direction (which way its China-related names are pushed) and, for precise mappings, how hard this bill hits the sector — rated marginal → very strong (1–5). Hover any chip for its definition. The headline 0–5 impact is at the top of the card.

5G / Telecom negative modest (2/5) precise 131 names

Export controls on undersea-cable telecom infrastructure goods/tech aimed at the PRC restrict Chinese access to cable supply chains.

Top 10 of 131 by market cap Full roster · Premium

Ticker	Name (Local)	Name (EN)	Restriction Lists
600941.SS	中国移动	CHINA MOBILE	1260HNS-CMIC
300308.SZ	中际旭创	ZHONGJI INNOLIGHT	1260H
300502.SZ	新易盛	EOPTOLINK
601728.SS	中国电信	China Telecom	1260HNS-CMIC
601869.SS	长飞光纤	YOFC
000063.SZ	中兴通讯	ZTE
600487.SS	亨通光电	HTGD
002281.SZ	光迅科技	ACCELINK
300442.SZ	润泽科技	RANGE TECHNOLOGY
600522.SS	中天科技	ZTT

+121 more