Recently, the US Department of Commerce has imposed a seven-year export ban on ZTE. This afternoon, ZTE will hold a press conference to see the development of ZTE.
Progress of ZTE incident
April 20: U.S. Department of Commerce: no negotiation space for ZTE's sales ban. Huawei
April 20: ZTE issued a statement: US sanctions are extremely unfair and unacceptable!
April 19: ZTE's latest progress in sanctions: it has stopped relevant business and applied to the US for explanation
April 19: more than 30 funds cut ZTE's valuation by three stops
April 18: ZTE: to assess the impact of the US Department of Commerce's ban on sales on delayed disclosure of the first quarter report
April 17: ZTE sent an internal letter on the US ban: it has set up a crisis response working group for the first time
April 17: China's Ministry of Commerce responds to US regulatory measures against ZTE: take necessary measures at any time
April 17: ZTE's response to the emergency suspension of a + H shares is banned by the United States: active communication and response
April 16: the US Department of Commerce issued an export authority ban to ZTE, claiming that it had made false statements