|Bid||38.71 x 0|
|Ask||38.72 x 0|
|Day's range||37.75 - 39.30|
|52-week range||27.00 - 40.09|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||27.74|
|Earnings date||19 Oct 2020 - 23 Oct 2020|
|Forward dividend & yield||0.70 (1.81%)|
|Ex-dividend date||29 May 2020|
|1y target est||38.26|
The Trump administration plans to finalise regulations this week that will bar the U.S. government from buying goods or services from any company that uses products from five Chinese companies including Huawei, Hikvision and Dahua, a U.S. official said. The rule, which was prompted by a 2019 law, could have far-ranging implications for companies that sell goods and services to the U.S. government since they will now need to certify they do not use products from Dahua or Hikvision <002415.SZ>, even though both are among the top sellers of surveillance equipment and cameras worldwide. The same goes for two-way radios from Hytera Communications Corp <002583.SZ> and telecommunications equipment or mobile devices like smartphones from Huawei Technologies [HWT.UL] or ZTE Corp <000063.SZ>.
The Trump administration has drawn up a list of companies from China that have ties to its military which may lay the groundwork for fresh U.S. sanctions. They include tech giant Huawei, the video surveillance company Hikvision, as well as China Mobile and China Telecom, both of which are publicly listed in New York. The document was seen by Reuters on Wednesday (June 24) and a U.S. defense official speaking on condition of anoynmity confirmed its authenticity and said the document had been sent to Congress. Huawei was placed on a trade blacklist last year over national security concerns and Washington has led an international campaign to convinces allies to exclude Huawei when setting up their 5G networks. The Pentagon putting these companies on the list doesn't trigger penalties per se, but its part of a 1999 law that says the president may impose sanctions, which could include blocking all the companies' property. It will also likely add to tensions between the world's two largest economies, which have been butting heads over a litany of grievances recently, including the global health crisis and Beijing's move to impose security laws on Hong Kong. Most of the companies on the list and the Chinese Embassy in Washington did not respond to requests for comment. However, Hikvision called the allegations quote 'baseless' saying it was not a 'Chinese military company' and that it had never participated in any R&D work for military appplications.
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions. Washington placed Huawei and Hikvision on a trade blacklist last year over national security concerns and has led an international campaign to convince allies to exclude Huawei from their 5G networks. A Department of Defense (DOD) document listing 20 companies operating in the United States that Washington alleges are backed by the Chinese military was first reported by Reuters.