Despite chalking up its first gain on Wednesday since resuming trade, Shenzhen-based ZTE Corp has lost about half its market cap and remains not far off a two-year low. Photo: Reuters

ZTE shares bounce back ahead of Trump meeting with Republican senators

The Chinese telecoms gear maker, which was on the brink of collapse after the US ban on buying American components, has paid US$1 billion in civil penalties as part of a settlement for violating export controls

Topic |   China technology

TOP PICKS

Despite chalking up its first gain on Wednesday since resuming trade, Shenzhen-based ZTE Corp has lost about half its market cap and remains not far off a two-year low. Photo: Reuters
READ FULL ARTICLE