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ZTE's shares slide on trade war jitters, lost 30% of market value this week

Updated : June 15, 2018 12:54 PM IST

Shares of ZTE Corp plummeted on Friday on renewed worries of a trade war and the Chinese telecommunications giant has now lost 30 percent of its market value since share trading resumed this week.
US President Donald Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods on Friday, reigniting concerns of a full-blown trade war.
ZTE's shares slide on trade war jitters, lost 30% of market value this week

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