New Report: Shady Tim Sheehy Profited Off China Investments, Even After Trump Admin Warned Against Them

News of Investments Come as Sheehy Tries to “Talk Tough” on Regime He’s Invested In

Today, HuffPost revealed how Tim Sheehy has profited of his ties to China even as he spouted “tough on China” rhetoric to Montana voters.

As the report explores, Shady Sheehy held substantial investments in China-tied companies. It also details how he held these investments after the companies were blacklisted or condemned by both President Trump and Montana Governor Greg Gianforte as national security threats.

But of course, Shady Sheehy has already demonstrated that he doesn’t believe the rules should apply to him.

Read below for highlights or check out the full story here:

• Tim Sheehy, a front-runner for the Republican Senate nomination in Montana, sold off thousands of dollars’ worth of stock in companies with reported ties to the Chinese Communist Party before launching a campaign that, like those of many other Republicans, has been full of “tough on China” rhetoric.
• Sometime in the last year, Sheehy sold off shares in the Chinese tech giant Tencent
• In 2020, then-President Donald Trump signed an executive order to put restrictions on Tencent’s WeChat and on TikTok, another social media platform owned by the Chinese company ByteDance Ltd., citing national security concerns.
• Montana Gov. Greg Gianforte (R), who has endorsed Sheehy and called him a “close friend,” took a similar action
• Like Tencent, Huawei ― which is on the State Department’s list of “Communist Chinese military companies” ― has come under heavy scrutiny in the U.S. In 2019, the Trump administration placed the company on a trade blacklist, barring it from purchasing U.S. components without approval.
• Huawei, Tencent and other Chinese tech companies have “a deep record of cooperation and collaboration” with China’s state security bureaucracy, and “no meaningful ability to tell the Chinese Communist Party ‘no’ if officials decide to ask for their assistance,”
• As of October, when he filed his campaign financial disclosure, Sheehy still owned between $1,001 and $15,000 in stock in Roblox, Trade Desk and Grab, which have all collaborated with Tencent in recent years.
• Sheehy also maintains significant portfolios at financial institutions with deep ties to China.