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

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

6 years ago
Anonymous $roN-uuAfLt

https://www.reuters.com/article/us-usa-trade-china-zte/chinas-zte-plunges-38-percent-in-resumed-trade-after-1-4-billion-u-s-settlement-idUSKBN1J904Q

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.