Ambassador Greer Issues Statement Responding to China’s Attempted Coercion Against Companies that are Helping Revive American Industry
USTR noticeStatementPublished 25/10/20Open the original
Summary
USTR Jamieson Greer calls China's retaliation against companies investing in U.S. shipbuilding and other critical industries economic coercion and says the United States will keep rebuilding its shipbuilding base.
By industry
- Shipbuilding & MASGA1 trading day+0.8%p15 stocks5 trading days+1.0%p15 stocks20 trading days−1.3%p15 stocks
“discouraging foreign companies from investing in America’s shipbuilding and other critical industries”
Day by day after the announcement
| Day | Shipbuilding & MASGA stocks | S&P 500 |
|---|---|---|
| 25/10/17 | 0.0% | 0.0% |
| 25/10/20 | +1.8% | +1.0% |
| 25/10/21 | +2.2% | +1.0% |
| 25/10/22 | +0.8% | +0.4% |
| 25/10/23 | +1.7% | +1.0% |
| 25/10/24 | +2.8% | +1.8% |
| 25/10/27 | +3.0% | +3.1% |
| 25/10/28 | +2.7% | +3.4% |
| 25/10/29 | +4.1% | +3.2% |
| 25/10/30 | +4.0% | +2.9% |
| 25/10/31 | +4.6% | +2.5% |
| 25/11/03 | +4.8% | +2.6% |
| 25/11/04 | +3.2% | +1.5% |
| 25/11/05 | +3.7% | +1.9% |
| 25/11/06 | +0.4% | +1.0% |
| 25/11/07 | +1.5% | +1.1% |
| 25/11/10 | +2.2% | +2.5% |
| 25/11/11 | +2.4% | +2.7% |
| 25/11/12 | +1.9% | +2.7% |
| 25/11/13 | −0.9% | +1.1% |
| 25/11/14 | −0.2% | +1.2% |
Korean stocks in these industries
- Hanwha Ocean 042660
- HD Hyundai Heavy Industries 329180
- HD Korea Shipbuilding & Offshore Engineering 009540
- Samsung Heavy Industries 010140
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Neil G. Mitchill Jr.
SellRTX
SellRTX
RTX
$873.5K
4,849 sh
$873.5K
Filed 25/10/28
Traded 25/10/24
- Christopher T. Calio
SellRTX
SellRTX
RTX
$858.3K
4,813 sh
$858.3K
Filed 25/10/29
Traded 25/10/27
- Frank A. St John
SellLockheed Martin
SellLockheed Martin
LMT
$2.3M
4,703 sh
$2.3M
Filed 25/10/27
Traded 25/10/23
- Frank A. St John
SellLockheed Martin
SellLockheed Martin
LMT
$1.5M
3,020 sh
$1.5M
Filed 25/10/27
Traded 25/10/23
- Tracy A. Atkinson
SellRTX
SellRTX
RTX
$500.9K
2,800 sh
$500.9K
Filed 25/10/28
Traded 25/10/24
- Christopher D. Kastner
Sell10b5-1 planHuntington Ingalls Industries
Sell10b5-1 planHuntington Ingalls Industries
HII
$4.8M
15,000 sh
$4.8M
Filed 25/11/13
Traded 25/11/12
- Christopher E. Kubasik
Sell10b5-1 planL3HARRIS Technologies
Sell10b5-1 planL3HARRIS Technologies
LHX
$4.3M
14,171 sh
$4.3M
Filed 25/11/14
Traded 25/11/13
- K. Christopher Farkas
Sell10b5-1 planCurtiss Wright
Sell10b5-1 planCurtiss Wright
CW
$2.9M
5,047 sh
$2.9M
Filed 25/11/13
Traded 25/11/11
- Lynn M. Bamford
Sell10b5-1 planCurtiss Wright
Sell10b5-1 planCurtiss Wright
CW
$2.2M
3,750 sh
$2.2M
Filed 25/11/13
Traded 25/11/11
- Lynn M. Bamford
Sell10b5-1 planCurtiss Wright
Sell10b5-1 planCurtiss Wright
CW
$2.1M
3,750 sh
$2.1M
Filed 25/11/17
Traded 25/11/14
- Rex D. Geveden
Sell10b5-1 planBWX Technologies
Sell10b5-1 planBWX Technologies
BWXT
$566K
2,863 sh
$566K
Filed 25/11/13
Traded 25/11/12
- Rex D. Geveden
Sell10b5-1 planBWX Technologies
Sell10b5-1 planBWX Technologies
BWXT
$479.6K
2,414 sh
$479.6K
Filed 25/11/13
Traded 25/11/12
- Rex D. Geveden
Sell10b5-1 planBWX Technologies
Sell10b5-1 planBWX Technologies
BWXT
$409.1K
2,052 sh
$409.1K
Filed 25/11/13
Traded 25/11/12
- Rex D. Geveden
Sell10b5-1 planBWX Technologies
Sell10b5-1 planBWX Technologies
BWXT
$386K
1,962 sh
$386K
Filed 25/11/13
Traded 25/11/12
- Frank A. St John
SellLockheed Martin
SellLockheed Martin
LMT
$34K
69 sh
$34K
Filed 25/10/27
Traded 25/10/23
- Victoria D. Harker
SellHuntington Ingalls Industries
SellHuntington Ingalls Industries
HII
$316.6K
1,000 sh
$316.6K
Filed 25/11/06
Traded 25/11/04
- Ronald A. Dragg
SellKirby
SellKirby
KEX
$299.4K
2,715 sh
$299.4K
Filed 25/11/13
Traded 25/11/12
- Richard Ross Stewart
SellKirby
SellKirby
KEX
$207.4K
1,923 sh
$207.4K
Filed 25/11/12
Traded 25/11/10
- Nicolas G. Schuck
SellHuntington Ingalls Industries
SellHuntington Ingalls Industries
HII
$146.4K
465.68 sh
$146.4K
Filed 25/11/06
Traded 25/11/04
- Rex D. Geveden
Sell10b5-1 planBWX Technologies
Sell10b5-1 planBWX Technologies
BWXT
$138.3K
709 sh
$138.3K
Filed 25/11/13
Traded 25/11/12