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ZTE Corp controlling shareholder plans 3 percent stake sale after stock rebound

ZTE Corp controlling shareholder plans 3 percent stake sale after stock rebound

Postby smix » Thu Mar 14, 2019 5:00 am

ZTE Corp controlling shareholder plans 3 percent stake sale after stock rebound
Reuters

URL: https://www.reuters.com/article/us-chin ... SKBN1QU09Y
Category: technologyNews
Published: Tue, 12 Mar 2019 23:04:01 -0400

Description: Chinese telecom equipment maker ZTE Corp's controlling shareholder plans to reduce its stake by as much as 3 percent after the stock more than doubled in value since surviving a U.S. sanction last year, showed regulatory filings late on Tuesday.
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