Chinese media and the Chinese stock market have not only been concerned about the NDAA bill banning Hikvision for US government use. Additionally, Chinese media has been reporting that "The United States sanctions 44 Chinese companies!", including mentioning the stock impact on Hikvision.
The US government has placed strict restrictions on exporting products to a select number of Chinese entities, including on numerous subsidiaries of Hikvision’s parent company CETC, but not Hikvision itself.
Inside this note, we examine what this means, how Hikvision is related to this and what the potential impact to Hikvision could be.