May 6, Hikvision low opening low, again touched a halt, then the stock price has recovered, as of press release, reported 34.91 yuan / share, down 8.71%, the total market value of 328.09 billion yuan.May 5, Hikvision shares almost all day in the price of the fall, and finally closed at a falling price of 38.24 yuan / share.

In the news, according to media reports, the U.S. government is planning to impose new sanctions on Hikvision. In response to the rumors, Hikvision responded to the media that it has paid attention to the relevant reports, which mentioned that the U.S. government's possible sanctions have yet to be verified. At the same time, Hikvision emphasized that sanctions should be based on reliable evidence and due process, and we hope to receive fair and just treatment.

Hikvision's 2021 annual report shows that in 2021, Hikvision realized total operating revenue of 81.42 billion yuan, up 28.21 percent year-on-year; and net profit attributable to shareholders of listed companies of 16.8 billion yuan, up 25.51 percent year-on-year. It is worth noting that in 2021, Hikvision's overseas revenue accounted for 27%. The annual report shows that Hikvision focuses on technological innovation in the field of IOT perception, artificial intelligence and big data, and provides a series of intelligent IOT hardware and software products that are integrated with software and hardware, cloud and edge integration, material and information integration, and digital and intellectual integration.

While, Hikvision responded, but still did not offset the market negative sentiment, May 6, Hikvision shares fell again. Data show that in 2 trading days, Hikvision's stock price statistically fell 18.8%, the total market value evaporated about 70 billion yuan.

Data show that as of the end of March 31, 2022, Hikvision **** counted 308,100 shareholders. If in accordance with the 2 trading days, Hikvision evaporated market value estimates, the average shareholder household loss of about 220,000 yuan. In the scale of Haikang Wisdom shareholders group, some investors said, "fell again, my money and no tens of thousands, speechless!" There are also investors said, "I'm a stockholder, why should I buy a fund ah, a day to lose my money twice, it's too difficult!"

It is understood that Hikvision, as a 300 billion security giant, has been and is the main body favored investment targets. Data show that in the first quarter, *** counted 483 main institutions hold positions in Hikvision, statistically holding a market value of 233.633 billion yuan, the proportion of positions reached 62.32%. Among them, the number of public funds amounted to 475, including a number of market top stream. We observed that Liu Yanchun, the top stream fund manager of the Jingshun Great Wall Fund, manages a number of funds with heavy positions in Hikvision. Data show that Liu Yanchun managed four funds in the first quarter of 2022 long position in Hikvision. Among them, Jingshun Great Wall Emerging Growth Mix has a position of 40 million shares, which is one of the fund's top ten long positions.

The four funds managed by Liu Yanchun hold a combined 69.899 million shares of Hikvision, with a combined market value of 2.866 billion yuan. If Liu Yanchun's 4 funds have not sold Hikvision in the recent past, then the market value of its holdings of Hikvision in the last 2 days or shrinkage of 480 million yuan. Fund positions in individual stocks plummeted, not only will make the fund holdings market value shrink significantly, but also lead to the net value of the fund fell.