October 10, 2019 / 1:55 AM / 2 months ago

Shares in China's Hikvision and Dahua dive after U.S. blacklisting

FILE PHOTO: People visit a HIKVision booth at the security exhibition in Shanghai, China May 24, 2019. REUTERS/Aly Song/File Photo

SHANGHAI (Reuters) - Shares of Hangzhou Hikvision Digital Technology and Zhejiang Dahua Technology Co Ltd, which were among companies blacklisted by Washington, fell sharply in early trading on Thursday.

Hikvision shares dropped over 5%, while Zhejiang Dahua lost roughly 8% as trading resumed. Their shares had been suspended from trading after news that the U.S. put them on a human rights blacklist.

Reporting by Samuel Shen and David Stanway; Editing by Shri Navaratnam

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