Chinese surveillance giants' stocks dive on US blacklist report

BEIJING: Shares in two top Chinese surveillance firms plunged Wednesday following reports Washington is considering banning them from buying US components, just as the blacklisting of telecoms giant Huawei fanned their escalating tech war.

The Uighur ethnic minority make up almost half of the region's 23-million-strong population and have been targeted with pervasive surveillance from cameras like those made by Hikvision, among other draconian security measures, following a flare-up in violence in 2014.Chinese authorities have placed an estimated one million mostly Muslim ethnic minorities including Uighurs in internment camps, which Chinese authorities downplay as"vocational education centres".

"We have taken note of The New York Times' report this morning and hope our company receives fair and just treatment," said Hikvision board secretary Huang Fanghong.

Were I an employer, I would hire Taiwanese or Hongkong worker for they are really and professionals and skilled at their fields. China only exports low skilled workers so that their government doesn't get overwhelmed by their existence in their own country.

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