Huawei founder Ren Zhengfei hints for the first time that a public listing of one of its business units might be on the cards

• Ren tells employees that faking accounts may be a legal problem in the future if one of Huawei’s businesses enters the capital market
• Group revenue rose 3.8 per cent year on year to US$136.7 billion but the company recorded negative growth in its overseas markets as sanctions kicked in