shares of hangzhou hikvision digital technology co fell sharply thursday following a media report the chinese surveillancecamera maker is the target of potential sanctions by the us hikvisions stock slumped 10 to cny3824 when the market opened the maximum daily change allowed by the shenzhen exchange putting it on course for its worst day since october 2018 it is trading at its lowest level in more than two weeks the slide comes after the financial times reported wednesday that the biden administration is preparing to place human rightsrelated sanctions on hikvision citing unnamed sources a final decision hasnt been taken but sanctions would be hardhitting and mark the first time washington imposes such sanctions on a big chinese technology group the ft reported hikvision didnt immediately reply to a request for comment the ft reported hikvision as saying that potential action by the us government remains to be verified and that any such sanctions should be based on credible evidence and due process hikvision is the worlds largest maker of surveillance equipment and posted 8142 billion yuan 1232 billion in operating income and cny1680 billion in net profit in 2021 representing growth of 28 and 26 respectively