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ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain

ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain

5 years ago
Anonymous $hM_jrxqbr-

https://www.reuters.com/article/us-usa-trade-china-zte/zte-stock-surges-as-u-s-supplier-ban-lifted-though-outlook-remains-uncertain-idUSKBN1K602N

Investors on Monday cheered the lifting of a U.S. supplier ban on China's ZTE Corp , pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business.