US Sanctions Several Hong Kong-Based Chinese Entities Over Iran: Department of Treasury

The U.S. Department of the Treasury is seen in Washington on Aug. 30, 2020. Andrew Kelly/Reuters

WASHINGTON—The United States issued Iran-related sanctions targeting several Hong Kong-based Chinese entities, according to a notice posted on the U.S. Department of Treasury website on Friday.

The entities listed include Black Drop Intl Co. Ltd., China 49 Group Co. Ltd., Damineh Optic Ltd., PCA Xiang Gang Ltd., Taiwan Be Charm Trading Co. Ltd., Victory Somo Group HK Ltd., and Yummy Be Charm Trading HK Ltd., the department said.