China’s ZTE plunges 38 percent in resumed trade after $1.4 billion U.S. settlement

June 13, 2018 admin Business News Comments Off on China’s ZTE plunges 38 percent in resumed trade after $1.4 billion U.S. settlement

HONG KONG (Reuters) – The Hong Kong-listed shares of China’s ZTE Corp were set to slide 38 percent on Wednesday following a two-month trading suspension after it agreed to pay up to $1.4 billion in penalties to the U.S. government.

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Source:: Reuters – Business News