US penalties over Iran

BEIJING | 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 replace its top managers. Shares resumed trading following a two-month suspension after Washington accused state-owned ZTE in April of … Continue reading BEIJING | ZTE stock falls after US penalties over Iran, North Korea