Hikvision was banned for federal use in 2018, added to a government blacklist in 2019 and barred from buying components from U.S. companies last year on claims that its surveillance technology had aided the Chinese military. The Biden administration expanded the prohibition in an executive order this month that blocked all U.S. investment in the company, which is listed on the Shenzhen Stock Exchange with shares worth roughly $600 billion.

Source: Washington Post June 25, 2021 18:53 UTC