Tuesday 21 August 2018
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reuters
2 months ago

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

HONG KONG (Reuters) - 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.

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