Investors wipe $3 billion off China's ZTE market value after U.S. settlement

Investors wipe $3 billion off China's ZTE market value after U.S. settlement

6 years ago
Anonymous $roN-uuAfLt

https://www.reuters.com/article/us-usa-trade-china-zte/investors-wipe-3-billion-off-chinas-zte-market-value-after-u-s-settlement-idUSKBN1J904Q

Chinese telecommunications giant ZTE Corp had about $3 billion wiped off its market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the U.S. government.

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