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China Development Bank

Hikvision gets $3.1 billion

Video surveillance giant wants to ‘go beyond the conventional, traditional security’
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12/16/2015

HANGZHOU, China—Video surveillance provider Hikvision, based here, has secured a new $3.1 billion line of credit, $1.5 billion of which is earmarked for investment outside of China, while $1.6 billion is for use inside of China, Jeffrey He, president Hikvision USA and Hikvision Canada, told Security Systems News.