The US Treasury Department announced Thursday that it has placed investment restrictions on the firms due to their roles in facilitating human rights abuses against China's Uyghur Muslims in Xinjiang and other ethnic and religious minorities. As a result, American investors will be barred from buying or selling shares of the companies.
That means it would likely not be impacted by any restriction barring American investment in DJI, the person said. Turning up the heatWashington has been piling pressure on Chinese companies recently. Last Friday, artificial intelligence startup SenseTime was also hit by the same US Treasury blacklist as DJI, two years after one of its subsidiaries was put on the entity list in 2019.
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