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Changes in US stocks | Panw.US (PANW.US) fell 4% before the market. Products sold in China were scrutinized by cybersecurity
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The Zhitong Finance App learned that before the US stock market on Thursday, Panw.US (PANW.US) once fell 4.2%. According to the news, the China Cybersecurity Review Office issued an announcement on Thursday to conduct a cybersecurity review on products sold by Palo Alto Networks (Palo Alto Networks) in China.

According to data, Pietuo Network has multiple offices in China, including Beijing, Shenzhen, Shanghai, and Guangzhou.

Analyst TD Cowen said earlier this year that Pioneer Networks and Peer Check Point Software (CHKP.US) and FTNT.US (FTNT.US) have little business in China, and the Chinese market accounts for only 1%-2% of each company's total revenue.

According to Fortune Business Insights, the US cybersecurity market is expected to reach US$81.61 billion by the end of this year. However, the Asia-Pacific market is expected to record the highest growth rate in the world from 2026 to 2034, and China's market size is expected to reach US$13.03 billion in 2026. As a result, Asia Pacific continues to be an important source of revenue for America's leading cybersecurity companies.

As of press release, Pioneer Networks fell 1.76% before the market, Check Point Software fell 0.28% before the market, and Feita Information fell 0.94% before the market.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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