01 February 2024, 10:02 pm 1 minute
Reuters exclusively reported that The United States on Wednesday added more than a dozen Chinese companies to a list created by the Defense Department to highlight firms it says are allegedly working with Beijing’s military, as part of a broader effort to keep American technology from aiding China.
Shares of Hesai fell more than 20% in trading the next day while other firms on the list fell around 4%.
Topics of Interest: Technology
Type: Reuters Best
Sectors: Government & Public Services
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story