Trump Bans US Investment Into 'Chinese Military Companies', Including Hikvision
The White House has banned all US entities from investing in Hikvision and 30 other firms it considers "Chinese military companies" starting on January 11, 2021.
The impact on Hikvision is limited since the company is listed in China and primarily owned by the PRC government and private Chinese investors. Hikvision stock fell only slightly off recent all-time highs.
Whether a Biden administration will reverse or soften these policies remains to be seen.
Background: ********* ***** ** *** **** ** "******* ******** *********"
** ****, ***** ******* ********** ******** *********, ***** **** ******** ***** ********* including ******, ** ** "******* ******** companies":
** ********* ** *** ****, **** **** *** ***** ***** legal ****** ** ******** ***** ***** under *** ************* ********* ******** ****** Act (*****). *** *** **** ** ******* on******** ********* **** ********** "********".
White ***** ********* ***** ********* ** *********, ******
*********, ********* *********** ** ********* ********** ***** ********* ** *** ** persons **** ********* ** *** ***** firms:
*** ***** ********* *** **** ** saying *** "******** *********" *** ************* markets ** "******* *** *********** *** modernization" ** *** *** ********:
*** *** ******** ****** ****** ********* to ******* *** *********** *** ************* of *** ******** [...] ** ******* the ****** ****** ******** *** *** American ******, * ****** ******* * national ********* **** ******* ** **** threat.
*** ********** *** ****** ** ******* 11, **** *** ***** **** ******** stock **** ****** ** ******** **, 2021.
Hikvision's ********* ****** *** ******
*** ****** ** ********* ** ********** limited ***** ********* ** ******* ************ owned,*** ********* ***********. ***** **% ** ********* ***** is ***** ** *** *** ********** with *** **** ******* ************ * mix ** *********'* (*******) ******** *** private *** *****:
**** ** ******** ** *** ********* stock - ******* ****** *********** ***** that *** **** ***** ****** ** thousands ** ********* **** **********************.**** ** ******* ************ ******** **** ************************* ******* ***** ***** (*-**).
Stock **** ******** ***** *** ****** ***-**** ****
*********'* ***** ***** **** *.**% ***** the ********* ************, ******* ** **** slightly *** * ****** **** ** almost ** **** ($*.**) **** ****:
"Ostensibly ******* *** ********" ***** **** ********* "******** ******* ***'* ********"
*** ********* ***** ** ******* *** directly *********** ********* *** ***** **** it *** ***** "********** ******* *** civilian" *** "******** *******[***]" *** ***'* "military, ************, *** ******** ***********":
********* *** ********** ********* ** ******** itself **** *** *** ********** ** English ******** *****, *** ******* ********** to ******* *** *************** ****** "** *** ********* *****".
Hikvision ******** ** *********
** * ********* ** **** ** IPVM *** ***** *****, ********* **** it ** "************* ********" *** **** the ********* "** *** **** *******, or *** *****, *** *****":
*** ** **********’* ********* *****—****** ** November **, ****—******* * **** ** Chinese *********, ********* *********. *** ******** to ****** ********* ** **********.
** ******** ********* **** ********* *** included ** **** **** ** **** because, ** ** **** ***** **** and *****, ********* ** *** * ‘Chinese ******** *******’. ********* **independently ******** *** ******** ******. Hikvision *** ***** ************ ** *** *&* **** *** ******** ************. Our business and ownership information has always been publicly available.
********* *** ***** ** ***** ********* with *** *.*. ********** *** ************* answer ************’ *********. ** **** ***** to ******* ***************** ***** *** ******* and *** ********. ** **** ******** to *** ** ** **.
********* ** *** ****** ****** ** providing ***** ******** *********. ***** ********actions ******* *** ******* ** *** **** *******, ** *** *****, *** *****. [emphasis added]
**'* ***** ****** **** ********* ****** has ************ *** ***** ** ***** "independently ***** *** ********" **** *** chairman **************** "* *****-***** **********".
****, ********* ***** ** *** "***** participated ** *** *&* **** *** military ************", ******* *********** ** *** ** ** ******** project *** ** * ************ **** in ********.
Will ***** ****** ** ** *****/*********?
* *** ******** ** **** ***** will ** **** ****** ****** ********* China *** ********* **** *********.
**** ********** ******* ******* ***** **** continue *****'* ******* ****, ***** ** opinions **** ********, *********, *** *****'* own ****:
- "***** *** ****** **** *** ****** relations **** *****",*** *** **** ***** ******* ****** Chief ******** ** *** *, ****.
- "******* ***** ***** ***'* ** **** on *****",******* ****** ******** ** *** *, 2020.
- "***** ** ****** ** ******* ******* will **** ***** * **** *********** to *****,"******* ******** ** *** *, ****.
***** *** **** ******** ********** *** PRC **** ***** ****** ****** ** Xinjiang,**** ********* ******* * "****", ***** ***** easing ** ** ********* **** ********* given ******** ****** ************* ********.
*******, **-***** ********* *** *******, *** it ** ***** ****** ******** *** *********** *** ***************** ** *** *** *******' **** trade ****, **** *** ****** "******** are *********, *** ********* ***** ******".
Vote / ****
**********
**** ********* *** ***** ** ********* being ********** ** *** ** **********. It **** ***** ********* ***** ******* scrutiny ***** *** ****** ***** ********'* ******* **** ***** *********'* ***** rights ****** *******.
***** ***** ***** *** ****** *********'* Western ***********, ** **** *** ************* alter *********'* **** *********, ****** ****** PRC ********** *******, *** ******* **** in *** **** ****** **** ****** it ** ** *** ****** **** any ** *** ******* ******.
* ** ***** *** ** ******** the ********* ** ****** *** **** concentration ***** ** ***** ? -***** **** *****'* ********* **** ******** concentration ***** *** ******** ** ****** Muslims *** '******* *** ***** ***** to **,'
*. * **** *** **** *** many ***** ****** *** ******** ** the ********* ** **** ************* *****. I ****'* *** ******* ***** *****.
*. "... ****** ******* ****". ************* it ** ******* *** **** **** of *** **** ***** ***** ***** that **** ***** *****. *** ****** they **** *****, *** ****** **** were *****. **********, *** ****** ** do **** **** * ******. ** starts **** *** **** ** ******* discussion.
*. **? ***** *****'* ****** ********* or *** ** **** * ****.
***** ** **** ***.
*. ** *** **** ** ******** their ********* ***** *** ***** ** endorsing **** ** ******* *** ***** thing ** **
*. * ********** **** ************ *** L ** ****, *********
*. *** * ** *** *** re-opening *** ****** ** ******** ******** after **** ***** ** ****** **** jerk *********
...*****
** * ********** *********** *** ******* who ** *** **** ******* ** independent ********, *** **** **** *** utilize *** ** *** ********** ***** content ** ******* ** ** *** political ********, * ***** ****, ********** of ****** ******** *** ************ ************, he *** **** *** *** ***** that ******** *************** **** ****** ********* of *****. **-******** *** ******* **** China *** *** ** ***** ******. I ******* **** *** ***** ************** has *** **** ***** ** *** fact **** ***** *******, ****** *** pillaging *** *******, *** ****, *** intellectual ********, *** *** ********** ******** and ****** ** * ******* ** one ** *** ****** **** **** have ** ******** ** ******* ** they **** ** **** ** ******. And **** ****** * ***** *** man *** **** *** ** *** devalued *** ******* *** ******* ** the ******, **** ** ***** ** the ***** ** ******* **** *****, Trump *** ***** *** * **** him ***** *** *** **** ***** what *** ******** ****** ******, *** doing **** ******** ****** ** ** done. ** ***** ** *********** ******** for ***** ** ****** ****** ** it. ****** ******, *** **** ****** liar ** *** ****** **** ****** Trump ** *** ******* **********. **** made *** **** ****** *** **** task.
** *** ******* *** ****, **** makes *****. ********* ***** ** *** of *** *** ***** ******* ** push **** ******* *** ******* ********** and ***** ********** ************ *** ****** around *** *****.
* **** **** ***** **** ***** day. **** * *** ********** ***** (pre-covid) *** ***** * *** ***** all ****** ***** ***. **** **** like ** *** **** **** ***** on ***** **** *** ***** ************** by * ***** ******. * ** sure **** *** ***** ** *** him **.
***** ** *** ***** ******** *** because **'* *** ********! * ***** the ******* ******* ***** *** ** certify ***** *****'* **** ***** *** announce *** ********* *****. ** *** else ********* *** ***** *** ** this.
*** **, ******, **** *** ******** out ** ****?!?
-********** *******...*****!
-**** *******...*****!
-******** *******...*****!
-****-******** *.*. *******...*****!
** *** ** **** **** *** bathroom ** * ** *** *******?
** **** * *****, *** ** finally *** **** **** ***** *****.
* ******* **** ** ** ****. The ******* ********** **** ** **** in ***** ** *** ******* **** just *** ******** ******** ******* *****. And **,******** ** ******* ** ***. * just **** ** ******-**** *** ******* people ******* ****** *** **** *******. I **** **** ***** ******** **** to ***** **** **** **** ** the ******** ****. ** ******** *** born ** *****, *** * **** had * ******* ******** ******* **** at ** **** *** ** ****** senior **** ** **** ******, * close ************ ***** ********* ** **** college *** **** ***** *****. ***** entire ****** *** ******* ** **** times *** ** **** ******** ** the ** ************ ******** *** ** enjoy **** ****** ******** ******* **** much. **** *** * ********* ****** and *********** ******. *** ****** ** a ******* *********** *** ****** ******* languages ******** *** *** ******** *********** throughout *** *****. ** ** * brilliant *** *** * **** ********** fortunate ** ***** *** ** ** friend. (***** ** * ****** ***** list). *** ******** *** ***** **** close ** **** ***. (*** ****** was ****** ************ ** ***** **** when *** ***** ***** *** **). He *** * **** ******** ** many ***** ** ******* ******* **** the ***** *** *** ************* ** personally *** *********** ********, *********** **********, and ************** *********** **** ** ******* around * **** ***** ** ** my ****. *** ******** ** **** agree ** **** ** ******, ** has ****** **** **** ********** ** the ******* ** ******. ***** ***** of ***** ** ****. ** **** take **** ** *** ***** ***** as ** *** (** *** ***) apply **** ** ***** ******** **** ****** ** ***** between *** ******* *** ******* ** the ******* ********** *** *** ******* people.** *** *** ****** ********** ********* that ** ********* ****, **** ****** the ***** "*******" **** **** ********** sentence *** ****** *** ***** "********".
**** ** ******* **** ** *** right ********* *** * ***** **** also ***** ** *** * ******* tightening ** *********** ******** ***** *** Chinese ********* ********** ***** (********** ********* level) ** ** *********.
*** **** ** ********* *** ** Landmarks *** ***** ********** ********** ****** of *** ****** ******, ******* **** are ******** ***** ** ********* *****. Chinese ********* (** ******* ********* ** middle ******* ********* *** ***) ****** not ** ******* ******* ** *** outright ** **** *********** ********* ** things **** *** ****** ***** ********, Time ****** **** ******, ******** *** Container ******** **********, ******* ********* *** toll ***** *** *******, ******* *******, or *** ******* **** **** *** business ********** (**** *** *******) **** the ********** ** *******. *** ****** do ** **** ** ** *** what ***** ** ***** **** ** aspire ** ****** ** **** **** it *** ******** **********? *** ******* ridiculous *** ** *** *** **** violate *** ***** ** **** ******** when ******** ******** *** ******** ** at *****.
*******, * ** ******* *** *** list. * ***** *** **. ** their * **** ** ** **** a ******* ***
******, *** **** ** ********* ** the ********* ** *** ******, ****** again *****:
*** **** *** ********* ** **** letter. *** *** ********, **** ********* and ****** **** ******, *** ***** or ***** ***** ***** ************ *************.
** **** ** *** **** *** line ** **** ********* *** ** the *** ****. ** * *** a ****** **** ******* ******* *** do * **** ** ********** *** not **** "*********" **** * ****** company. ***** ***** ****** ****** *** be * ****** ** ***** ***** of ****, * ***** **** **** a **** ******* ******* **** **** should.
*** ****** ******** ** ** **** will ** ****** ** ******* **..
******:******* ****: *&* *** ** ****** Chinese ***** **** ******, **** ******* | *******
******* *******:
*&* *** ***** ******* **** ** Thursday ** ***** ****** ** ******* companies **** *** ****** *******, ********* Hikvision *** ****, ********* * ***** administration ***** *********** ********* ** *.*. investors ** ******* ******* **********.
****, ****? ** ********* *** *** prohibited **** ****** ***** **** ** weren't ****** ******!? *** *** **** issue **** **?
******: *** ** ******** ******** *********** Director ** ********** ********* **** ** expects *** '********* ** *****-***** *******' 'likely ** ********', ** ******* *** *********:
******: *** ***** ************** *** **** again ******** *** ******** ** ****** from ******* ********* ** *** *****, to **** **,******* *******.*** ******** ******** ** ******* ** was********** ********** *** **.
******: *** ***** ************** ***** ** issue * *** **** ** ******* companies **** **** ** *** ******* and ************ *******,********* *******, ***** **** ********* ** *** initial **** ** '******* ******** *********' (**** ******) ************ ********** ***** ******* ** court. *** ***** **************'* *** **** will ** ****** ** *** ******** Department (*** *** ********** ** ******* like *** ********) *** ** ******** to ** ****** ** ***** "***** this ****", ********* *****. *** ***** admin "** *** ** **** * large ****** ** ********** ****** ******** and ********’* ****** ** ******* ****** Control **** *** *** ******** ** part ** *** *****," ********* ********, citing ******* ******** **** *** ******.
******: ********* ***** *** ********* ********* ************** **** *** ****, ***** ******** Hikvision *** ****** (**** **** *****'* original ****):
*** *** ** ** ******* ********* into *** ****** ********* **** **** effect ****** *, ****. ******* ************ have * **** ** ****** (***** June *, ****).
******** ************ ******** *** **** *** ** "*** *********** ** *** ** ******* surveillance ********** ** ********** ********** ** serious ***** ****** ******" ***** *********** "unusual *** ************* *******".
** ********, * *** ******* ******** spokesman****** ** *** **** "******* *** ********" *** "**** ******* that ********* *** ****** ********* ****** order *** *********' ****** ****** *** interests."
**********, ** ******** ** *** **** NDAA, ************* ** ******* **** *************** ** '******* ******** ********* ********* In *** ****** ******'**** ********* *** ****** ***** ******** again.
******: ********* ***** ******** ********* ***** ********* *** ***** ** *********** **** '******* ********* Military *********' *** *** ****.
** *** *****, ***** ****** "********** private *** ********" *** ********* "******** support *** ***'* ********, ************, *** security ***********" *** **** "******** ******** the ****** ******":
*** ********* ***** **** *** *** is ************ ********** ****** ****** ******* to ******** *** ****** *** *********** and ************* ** *** ********, ************, and ***** ******** ***********, ***** ********* to ***** *** *** ** ******** threaten *** ****** ****** ******** *** United ****** ****** ********. ******* *** national ******** ** ********‑***** ******, *** PRC ********* *** **** ** *** country’s ********-********** ******* ** ********** ******** Chinese ********* ** ******* *** ******** and ************ **********. ***** *********, ****** ********* ********** ******* *** ********, ******** ******* *** ***’* ********, intelligence, and security apparatuses and aid in their development and modernization.
*** ********* ******* ***** **** *** PRC’s ********-********** *******, ** ******** ********** the ******* ** *** ***’* ********, intelligence, *** ***** ******** ***********, *********** an ******* ***extraordinary ****** ** *** ******** ********, ******* ******, *** ******* ** *** ****** ******. [emphasis added]
*** ********* ***** ****** *** "******* surveillance **********" ************, ******:
*** ****** **** ********** *********** **** finance ******* ********* ** *** *** and ******* **** *** *********** **Chinese ************ ********** continue to pose an unusual *** ************* ****** to the national security, foreign policy, and economy of the United States. [emphasis added]
*** *** ******** ***** ****** **** still ****** **** ***** ** ******* bought *** **** *** ** *** PRC ** ****.
* ***'* ***** ***** ** ***** to *** ***** *** *** **** as ****** ***** *****. **** ** this *** ****** * ********** *****. For *** ** ****, * ***** that ************** ***** ** ******* *********** detention ******* "************* *****" ****** ** allowed ** ****** *** ********* ** actual *** **** ************* ***** ** China, ** ***** ******** *******. **** is ******** ** ***** ******* ** calling *** *** ******* ********* **** did ******** **** *** *** ***** African ********* **********.
** **** ** ****** ** *** Left *** **** ***** ******* **** jerk ******** ** "******** ***** *** for ** **** ** ** *******, and ******** ** *** ******* ** have ** ** ***" (* ****, I ***** ****), ****** ** **** front ****** ******** ********.