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

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.

from Reuters: Business News https://ift.tt/2JDH2ek