Wednesday, June 13, 2018

ZTE Shares Plunge as Rescue Deal Threatened

The stock plunged on its first day of trading since being suspended nearly two months ago, reflecting investor unease about the future of the Chinese telecommunications giant following devastating U.S. sanctions. Shares halted April 17 after an order from the U.S. Commerce Department banned American companies from selling to ZTE.

from WSJ.com: US Business https://ift.tt/2JD7mta
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