Acacia says ZTE business to remain suspended until ban lifted

The Chinese company reached a $1.4 billion settlement with the Commerce Department, made public on Monday, to resume business with U.S. suppliers. ZTE said on Tuesday its shares would resume trading on the Hong Kong stock exchange on June 13 following its settlement with the United States. Acacia said the settlement may ultimately allow it to resume ties with ZTE. …read more

Source:: Yahoo Finance

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