Hangzhou Hikvision Digital Technology: Net profit rose 14.94% year-over-year, with robust cash flow and major shareholder returns

Revenue grew 1.48% year-over-year to RMB41.82 billion, with net profit up 11.71% and strong growth in innovative businesses. Share repurchases and increased overseas revenue contributed to improved financial performance.

Original document: Hangzhou Hikvision Digital Technology Co., Ltd Class A [002415] Interim report — Aug. 2 2025

The US Federal Communications Commission said it could fine China Mobile unit China Mobile International (USA) for failing to respond to a probe on whether it is skirting American restrictions.

The FCC has been probing China Mobile since November 2022 through the issuance of a letter of inquiry, and subsequently sent a supplemental LOI to China Mobile in February, according to a notice dated June 16.

"China Mobile's conduct throughout this matter exhibits a disregard for the Commission's authority and threatens to compromise the Commission's ability to adequately investigate," the FCC said.

The telco's "misconduct inhibits our ability to detect and deter potential rule and statutory violations," the commission said in its citation.

Aside from China Mobile, the FCC is also probing Huawei Technologies, ZTE , Hangzhou Hikvision , and China Telecom for the same violations, Reuters reported Wednesday.

Hikvision's 2024 revenue grew 3.5% to RMB92.5B, driven by overseas and innovative business, but net profit fell 15% due to margin pressure and higher R&D. The company maintained strong R&D investment and expanded global market share, while facing economic, geopolitical, and technology risks.

Original document: Hangzhou Hikvision Digital Technology Co., Ltd Class A [002415] Annual Report — Apr. 26 2025

Revenue and net profit both grew year-over-year in Q1 2025, with improved operating cash flow and ongoing share repurchase and shareholder increase activities. Non-recurring gains contributed to profit, and total assets and equity rose from year-end 2024.

Original document: Hangzhou Hikvision Digital Technology Co., Ltd Class A [002415] Interim report — Apr. 18 2025

The US Federal Communications Commission probed Chinese companies placed under the commission's "covered list" to find out whether they are circumventing US restrictions, it said Friday.

The companies could still be operating in the US because they do not believe the designation disallows certain types of operations, Chairperson Brendan Carr said.

"Some or all of these Covered List entities are trying to make an end run around those FCC prohibitions by continuing to do business in America on a private or 'unregulated' basis," Carr said.

Among those under the covered list include Huawei, ZTE , Hytera Communications , Hikvision , China Mobile's China Mobile International USA, China Telecom's China Telecom (Americas), Dahua Technology , and China Unicom's China Unicom (Americas).

The FCC will move to close what it calls loopholes that have allowed 'untrustworthy, foreign adversary state-backed actors to skirt our rules," Carr said.

The US Federal Communications Commission probed Chinese companies placed under the commission's "covered list" to find out whether they are circumventing US restrictions, it said Friday.

The companies could still be operating in the US because they do not believe the designation disallows certain types of operations, Chairperson Brendan Carr said.

"Some or all of these Covered List entities are trying to make an end run around those FCC prohibitions by continuing to do business in America on a private or 'unregulated' basis," Carr said.

Among those under the covered list include Huawei, ZTE , Hytera Communications , Hikvision , China Mobile's China Mobile International USA, China Telecom's China Telecom (Americas), Dahua Technology , and China Unicom's China Unicom (Americas).

The FCC will move to close what it calls loopholes that have allowed 'untrustworthy, foreign adversary state-backed actors to skirt our rules," Carr said.