From the Financial Times:
Chinese equities eased on Wednesday as investors sold technology stocks on reports that China’s Hikvision may be included in a US blacklist, building on restrictions issued against Huawei last week. China’s CSI 300 index of Shanghai and Shenzhen-listed stocks was down 0.1 per cent in morning trading, paring sharper losses of from earlier in the session. The Shenzhen-listed shares of Hikvision fell as much as 10 per cent in morning trading after the New York Times reported that the US would add the surveillance company to a trade blacklist. The stock later trimmed losses to be down 4.6 per cent. Zhejiang Dahua Technology, which was also reported to be at risk of a ban, fell 5.9 per cent.
Chinese equities eased on Wednesday as investors sold technology stocks on reports that China’s Hikvision may be included in a US blacklist, building on restrictions issued against Huawei last week. China’s CSI 300 index of Shanghai and Shenzhen-listed stocks was down 0.1 per cent in morning trading, paring sharper losses of from earlier in the session. The Shenzhen-listed shares of Hikvision fell as much as 10 per cent in morning trading after the New York Times reported that the US would add the surveillance company to a trade blacklist. The stock later trimmed losses to be down 4.6 per cent. Zhejiang Dahua Technology, which was also reported to be at risk of a ban, fell 5.9 per cent.
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