A Chinese flag hangs near a Hikvision security camera outside of a shop in Beijing. Shares of the Chinese surveillance camera maker plunged again on Friday after a report that the US is considering fresh sanctions. Photo: AP Photo
A Chinese flag hangs near a Hikvision security camera outside of a shop in Beijing. Shares of the Chinese surveillance camera maker plunged again on Friday after a report that the US is considering fresh sanctions. Photo: AP Photo

US-China tech war: shares of surveillance camera maker Hikvision plunge on second day after report of harsh sanctions

  • Investors rushed to dump shares of Hikvision after it was reported that the Chinese firm may be added to the Specially Designated Nationals list
  • The new US sanctions, if imposed, would bar Hikvision from dealing with American companies or citizens, dealing a blow to its US business

A Chinese flag hangs near a Hikvision security camera outside of a shop in Beijing. Shares of the Chinese surveillance camera maker plunged again on Friday after a report that the US is considering fresh sanctions. Photo: AP Photo
A Chinese flag hangs near a Hikvision security camera outside of a shop in Beijing. Shares of the Chinese surveillance camera maker plunged again on Friday after a report that the US is considering fresh sanctions. Photo: AP Photo
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