China opens first national security review of Palo Alto Networks under revised trade law

China opened a national security review into Palo Alto Networks, the first such investigation under its revised Foreign Trade Law, creating regulatory uncertainty for the US cybersecurity firm. The review targets Palo Alto Networks products sold in China and marks the first official national security probe by Chinese authorities into the company. It raises questions about its future operations in the market and adds fresh compliance and regulatory concerns. For investors, the probe highlights regulatory risk and potential restrictions in sensitive markets, though the broader investment case tied to AI-driven security demand remains. Outcomes could include fines, product changes, or full clearance.