Zte Stock Falls After Us Penalties Over Iran, North Korea

ZTE stock falls after US penalties over Iran, North Korea

BEIJING (AP) — Shares in ZTE Corp. have fallen 41.5 percent in Hong Kong after the Chinese telecoms equipment maker agreed to pay a $1 billion penalty to the U.S. government and replace its top managers. Shares resumed trading Tuesday following a two-month suspension after Washington accused state-owned ZTE, China's second-largest maker of telecoms equipment, of reneging on a settlement of charges it violated export rules by selling U.S.

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    In this Feb. 26, 2014, file photo, people gather at the ZTE booth at the Mobile World Congress, the world's largest mobile phone trade show in Barcelona, Spain. (AP Photo/Manu Fernandez) BEIJING (AP) ...
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  • ZTE stock falls after US penalties over Iran, North Korea
    BEIJING — Shares in ZTE Corp. fell 42 percent Tuesday in Hong Kong on their first trading day after the Chinese telecoms equipment maker agreed to pay a $1 billion penalty to the U.S. government and r...
    06/13/2018 - 8:10 am | View Link
  • ZTE stock falls after US penalties over Iran, North Korea
    BEIJING (AP) — Shares in ZTE Corp. fell 42 percent Tuesday in Hong Kong on their first trading day after the Chinese telecoms equipment maker agreed to pay a $1 billion penalty to the U.S. government ...
    06/13/2018 - 8:06 am | View Link
  • ZTE stock falls after US penalties over Iran, North Korea
    BEIJING -- Shares in ZTE Corp. fell 42 percent Tuesday in Hong Kong on their first trading day after the Chinese telecoms equipment maker agreed to pay a $1 billion penalty to the U.S. government and ...
    06/13/2018 - 8:00 am | View Link
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