Around 40 Chinese mutual funds have adjusted the valuation of ZTE in their portfolios, some by 20-30%, since it suspended trading following US trade sanctions (Reuters)
Reuters:
Around 40 Chinese mutual funds have adjusted the valuation of ZTE in their portfolios, some by 20-30%, since it suspended trading following US trade sanctions — SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp (000063.SZ) (0763.HK) after the United States banned American companies …
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