According to @StockMKTNewz, the Pentagon concluded that Alibaba BABA, Baidu BIDU, and BYD should be added to a list of companies that aid the Chinese military. Source: @StockMKTNewz on X, Nov 26, 2025. @StockMKTNewz reported that Deputy Defense Secretary Feinberg informed lawmakers of this conclusion in a letter dated Oct 7, and the report noted it was unclear whether any designation had been finalized or published. Source: @StockMKTNewz on X, Nov 26, 2025. For traders, this headline constitutes an unconfirmed regulatory risk catalyst for BABA, BIDU, and BYD ADRs until an official Department of Defense posting confirms the status. Source: @StockMKTNewz on X, Nov 26, 2025. The source did not mention any direct impact on cryptocurrency markets such as BTC or ETH. Source: @StockMKTNewz on X, Nov 26, 2025.