Search for Zte Stock Falls After Us Penalties Over Iran, North Korea on Bing

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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