China’s ZTE has narrowly escaped death, only to become living proof of the way political risk can dominate a stock’s fortunes. The Hong Kong-listed shares of the Chinese telecom-equipment maker dropped about 40% Wednesday.
WSJ.com: Heard on the Street, Wall Street Journal: Markets: Heard on the Street
Wed, 06/13/2018 - 1:45am
China’s ZTE has narrowly escaped death, only to become living proof of the way political risk can dominate a stock’s fortunes. The Hong Kong-listed shares of the Chinese telecom-equipment maker dropped about 40% Wednesday.