Rep. Gilbert Cisneros Discloses Purchase of Xiaomi Shares Following Prior U.S. Sanctions History

Barchart · 19h ago

U.S. Representative Gilbert Cisneros disclosed recent purchases of shares in Xiaomi ($XIACF), a Chinese consumer electronics company that was previously designated by the U.S. government as linked to China’s military before that classification was lifted in 2021 following a legal challenge.

  • Cisneros filed multiple purchases of Xiaomi shares in 2025, each valued between $1,001 and $15,000, with the most recent trade dated November 19, 2025.
  • Xiaomi was designated in January 2021 by the U.S. Department of Defense as a company owned or controlled by China’s People’s Liberation Army, temporarily prohibiting U.S. investment.
  • A federal court blocked the designation in March 2021, and the U.S. government formally removed Xiaomi from the sanctions list in May 2021.
  • Cisneros currently serves on the House Armed Services Committee and the House Small Business Committee, including subcommittees overseeing intelligence, military personnel, and contracting.
  • Public disclosures indicate Cisneros is the only sitting member of Congress to have reported trades in Xiaomi stock.

Relevant Companies

  • Xiaomi ($XIACF) – Congressional investment activity draws attention to a company with a prior U.S. national security designation that was later rescinded.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

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