Bunny Hill
L1 2.0 security hr2670-118

FY2024 National Defense Authorization Act (NDAA)

Why China-relevant: FY2024 NDAA enrolled text: 157 occurrences of 'People's Republic of China'/'PRC'/'Chinese Communist Party'/'Taiwan' across extensive operative defense provisions (PRC military-competition assessments, Taiwan security cooperation/deterrence). Confirmed via full-text grep.

Sponsor: Rogers, Mike D. (R-AL) · 1 cosponsors

Path to becoming law

  1. Introduced
  2. Passed committee
  3. Passed House
  4. Passed Senate
  5. Sent to President
  6. Became law

done next step still ahead

Legislative timeline — dated actions so far

  1. Filed
  2. Advanced in committee
  3. Passed chamber (vote) [house]
  4. Passed chamber (vote) [senate]
  5. Passed chamber (vote) [senate]
  6. Sent to President
  7. Passed chamber (vote) [house]
  8. Became law
Stage: Became law

Resolved. Model had estimated 100% to become law

  • + Is/rides a must-pass vehicle (NDAA or appropriations)
  • + Sponsor chairs a committee the bill was referred to
  • + Has an identical companion bill in the other chamber
  • + Bipartisan support (1/1 cosponsors from across the aisle)
  • − 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.

Defense / Taiwan positive moderate (3/5) precise 6 names

Authorizes Taiwan security cooperation/deterrence and PRC-military-competition measures across the defense budget.

Top 6 of 6 by market cap

Ticker Name (Local) Name (EN) Restriction Lists
2330.TW TSMC
BA Boeing
GD General Dynamics
LMT Lockheed Martin
NOC Northrop Grumman
RTX RTX Corp
China Defense & Aerospace negative modest (2/5) precise 77 names

NDAA carries 1260H Chinese-military-company designations + procurement restrictions -> pressures listed Chinese defense/aerospace names.

Top 10 of 77 by market cap Full roster · Premium

Ticker Name (Local) Name (EN) Restriction Lists
600150.SS 中国船舶 CSSC Holdings
302132.SZ 中航成飞 AVIC CAC 1260H
603268.SS 松发股份 SONGFA
600760.SS 中航沈飞 AVIC SAC 1260HNS-CMIC
600893.SS 航发动力 AECC AP NS-CMIC
600118.SS 中国卫星 China Spacesat 1260HNS-CMIC
002625.SZ 光启技术 KCT
600482.SS 中国动力 CSICPCL NS-CMIC
600879.SS 航天电子 CATEC NS-CMIC
000768.SZ 中航西飞 AVIC XAC 1260HNS-CMIC
+67 more