, Columnist
It Ain't Easy Being Big Brother's Little Favorite
Investors betting on Beijing’s support have lifted shares of Hikvision, the country’s largest maker of surveillance gear. That backing could falter.
I see you!
Photographer: VCG/Visual China GroupThis article is for subscribers only.
By the looks of it, investors’ misgivings about Chinese surveillance have taken a backseat.
Shares of Hangzhou Hikvision Digital Technology Co. are up more than 50 percent since plumbing lows in October, and have climbed almost 40 percent since the beginning of the year. Yet troubles are piling up for China’s largest spy-tech maker – at home and abroad.