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ZTE shares rise nearly 4 percent after US politicians opt against sanctions

ZTE shares rise nearly 4 percent after US politicians opt against sanctions

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnet.com/news/zte-shares-rise-nearly-4-percent-after-us-politicians-opt-against-sanctions/

ZTE shares jumped by up to 3.8 percent in Hong Kong trading early Monday after US lawmakers removed penalties against the telecom from a defense bill.

The Chinese company's shares climbed to 15.20 HK dollars ($1.94), according to Reuters, compared to to 16.12 HK dollars ($2.05) at this point last week.