PRC Military and Human Rights Capital Markets Sanctions Act of 2025

This bill prohibits U.S. investors from purchasing, selling, or holding securities (including derivatives and investment vehicles) issued by Chinese entities designated as "covered entities" due to ties to China's military, human rights violations, or forced labor. It directly affects U.S. persons (citizens, residents, and U.S.-based entities) who hold or invest in securities of listed companies. Within 90 days of enactment, the President must create and publish a single list of covered entities, requiring U.S. investors to divest from these securities within 180 days of listing. Penalties include civil fines up to $250,000 or double the transaction value, and criminal charges for willful violations.