Shenzhen Stock Exchange

Exclusive: China’s ZTE Expected To Plead Guilty Over Iran Sales

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Chinese telecom equipment maker ZTE Corp (000063. SZ)(0763.HK) is nearing an agreement to plead guilty to U.S. criminal charges and pay hundreds of millions of dollars in penalties over allegations it violated U.S. laws that restrict sale of U.S. technology to Iran, a person familiar with the matter said. The company has not yet signed … Read more

15 Chinese Firms Up For IPO

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China’s securities regulator on Friday agreed to the initial public offering (IPO) applications for 15 companies. The total capital raised will be no more than 11.2 billion yuan (1.64 billion U. S. dollars), the China Securities Regulatory Commission said in a statement. Among the 15 companies, eight will be listed in Shanghai, three on Shenzhen’s … Read more