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Chinese surveillance giants' stocks dive on US blacklist report

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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.

Shenzhen-listed Hikvision dived 5.54 percent to 26.07 yuan and Dahua tumbled 5.91 percent to 12.74 yuan Wednesday. 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".

 

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