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United States

ZTE Corp (000063.SZ)

000063.SZ on Shenzhen Stock Exchange

17.51CNY
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

ZTE says no payment for FY 2016 dividend
Friday, 24 Mar 2017 08:00am EDT 

ZTE Corp <000063.SZ>:Says no payment for FY 2016 dividend.  Full Article

ZTE updates on decisions of BIS of the U.S. Department of Commerce
Thursday, 23 Mar 2017 10:02pm EDT 

ZTE Corp <000063.SZ> : Refers to announments in relation to decisions of Bureau of Industry and Security of the United States Department of Commerce .On March 23, settlement order by BIS was issued, upon which agreement with BIS has become effective.  Full Article

ZTE announces application for derivative investment limits for 2017
Thursday, 23 Mar 2017 06:00am EDT 

ZTE Corp <000063.SZ> : intends to apply for authorisation to invest in value-protection derivatives against its foreign exchange risk exposure by hedging through dynamic coverage rate for amount not exceeding $3 billion for 2017 . "such limits may be applied on a revolving basis during effective period of authorisation." .value-protection derivative investments will be conducted to reduce adverse impact arising from exchange rate fluctuations on company in 2017.  Full Article

ZTE posts 2016 net loss mainly due to settlement with US government
Thursday, 23 Mar 2017 05:41am EDT 

ZTE Corp <000063.SZ><0763.HK> : Says 2016 net loss at 2.4 billion yuan ($348.53 million) .Says 2016 net loss incurred mainly from its settlement with the U.S. government.  Full Article

ZTE Corp says agreement with DOJ has become effective upon approval by court
Wednesday, 22 Mar 2017 08:40pm EDT 

ZTE Corp <000063.SZ> <0763.HK> : Updated information in relation to the export restrictions by the United States Department Of Commerce .Agreement with DOJ has become effective upon approval by court.  Full Article

ZTE Corp says agreement with DOJ has become effective upon approval by court<000063.SZ><0763.HK>
Wednesday, 22 Mar 2017 07:55pm EDT 

ZTE Corp <000063.SZ> <0763.HK> : Updated information in relation to the export restrictions by the United States Department Of Commerce .Agreement with DOJ has become effective upon approval by court.  Full Article

ZTE's board elects new chairman
Tuesday, 14 Mar 2017 04:59am EDT 

ZTE Corp <0763.HK> <000063.SZ> : Says Chairman Zhao Xianming resigns but remains as president .Says board elects Yin Yimin as chairman.  Full Article

ZTE Corp says FY net loss RMB2.36 billion
Tuesday, 7 Mar 2017 05:09pm EST 

ZTE Corp <000063.SZ>: FY operating revenue RMB101.23 billion versus RMB100.19 billion .FY net loss attributable to holders of ordinary shares of the listed company RMB 2.36 billion versus profit of RMB3.21 billion.  Full Article

ZTE Corp says Q1 2017 net profit attributable increased by 21.12%-31.65% to rmb1.15 bln- rmb 1.25 bln
Tuesday, 7 Mar 2017 05:09pm EST 

ZTE Corp <000063.SZ>: For Q1 2017 net profit attributable to holders of ordinary shares of co increased by 21.12 percent-31.65 percent to rmb1.15 billion- rmb 1.25 billion . The group’s projected operating revenue for q1 2017 increased by 10%-20% as compared to the same period last year .For Q1 2017 net profit attributable to holders of ordinary shares of the listed co grew by over 20% as compared to the same period last year.  Full Article

ZTE Corp says reaches settlement with U.S. authorities
Tuesday, 7 Mar 2017 10:13am EST 

ZTE Corp <000063.SZ>: ZTE Corporation reaches settlement with U.S. Authorities . ZTE has agreed to a criminal and civil penalty of $892.36 million . BIS to recommend ZTE be removed from entity list, conditioned on court approval of DOJ agreement, entry of plea, issuance of BIS’s settlement order . Agreed to additional penalty of $300 million to BIS that will be suspended during 7-year term based on certain conditions Further company coverage: [000063.SZ] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

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BRIEF-ZTE updates on decisions of BIS of the U.S. Department of Commerce

* Refers to announments in relation to decisions of Bureau of Industry and Security of the United States Department of Commerce