Investors wipe $3 billion off China's ZTE as U.S. settlement sinks in

Investors wipe $3 billion off China's ZTE as U.S. settlement sinks in

6 years ago
Anonymous $roN-uuAfLt

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

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

Investors wipe $3 billion off China's ZTE as U.S. settlement sinks in

Jun 13, 2018, 6:14am UTC
https://www.reuters.com/article/us-usa-trade-china-zte/investors-wipe-3-billion-off-chinas-zte-as-u-s-settlement-sinks-in-idUSKBN1J904Q >Investors wiped about $3 billion off embattled Chinese telecommunications giant ZTE Corp's market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the U.S. government.