China's Dahua Technology to exit projects in Xinjiang

BEIJING, Dec 23 (Reuters) - China's video surveillance equipment maker Zhejiang Dahua Technology (002236.SZ) said that it and its subsidiaries have agreed to terminate or exit five projects they signed with local governments in China's Xinjiang region, a stock exchange filing showed on Monday. Some of the projects, awarded between 2016 and 2017, have been terminated in advance, while others were still in operation, Dahua said in a filing to the Shenzhen stock exchange. The company will cease operating the projects and proceed with asset disposal and debt resolution works,...