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

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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.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/dSp_ZCeRBnI/investors-wipe-3-billion-off-chinas-zte-as-u-s-settlement-sinks-in-idUSKBN1J904Q

      

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