US to add 8 Chinese companies to investment blacklist - FT

The United States will add eight Chinese companies, including the world’s largest commercial drone manufacturer DJI Technology Co Ltd, to an investment blacklist this week, the Financial Times reported on Wednesday.

U.S. investors are barred from taking stakes in companies on the list, which currently cites around 60 firms. At the time, DJI said it had done nothing to justify the move and it would continue to sell its products in the United States, where it has built up a large market.The new additions would come just days after artificial intelligence start-up SenseTime Group was placed on the same Treasury list, leading the company to postpone its US$767 million Hong Kong initial public offering . SenseTime said the accusations against it were unfounded.

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US to blacklist 8 more Chinese companies, including DJI over Uyghur surveillance -FTThe United States Treasury will place eight Chinese companies including DJI, the world’s largest commercial drone manufacturer, on an investment blacklist for alleged involvement in surveillance of the Uyghur Muslim minority, the Financial Times reported on Tuesday. The Treasury will put DJI and the oth
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