Corrects to drop mention of rare earths in fourth bullet

** Shares of U.S. biotechnology firm Illumina ILMN.O drop 4% to $79.95 premarket as China puts co on its "unreliable entity list"

** China's Commerce Ministry also includes PVH Corp PVH.N, the holding company for brands including Calvin Klein and Tommy Hilfiger, in the list sending its shares down 4% in low trading volume

** China on Tuesday announced a wide range of measures targeting U.S. businesses minutes after additional U.S. tariffs on Chinese goods took effect

** China also imposed export controls on some metals that are critical for electronics, military equipment and solar panels

** Meanwhile, U.S.-listed China stocks rise, mirroring HK-listed shares' climb to 3-month highs; iShares China large-cap ETF FXI.N up 2% .SS

(Reporting by Medha Singh)

((medha.singh@thomsonreuters.com))