U.S. moves to ban Huawei from government contracts [Toronto Globe and Mail (Ontario, Canada)]
ZTE CORP UNSP/ADR (ZTCOY)
NASDAQ:AMEX Investor Relations:
zte.com.cn/global/about/investorrelations
Company Research
Source: Toronto Globe and Mail
U.S. moves to ban Huawei from government contracts The Trump administration on Wednesday took a tactical step in its trade confrontation with China, by releasing a rule that restricts government agencies from doing business with Huawei, the giant Chinese maker of telecommunications equipment and smartphones. The prohibition was mandated by Congress as part of a broader defence bill signed into law last year. It covers direct purchases of telecom gear and video surveillance equipment and services. And it extends to other Chinese companies that, like Huawei, have raised security concerns inside the U.S. government, including telecom equipment maker ZTE and Hikvision, which develops facial-recognition technology. But Huawei, China’s largest telecom company, has been the main focus of attention for the White House and an on-again, off-again bargaining chip in the administration’s trade battle. Story continues below advertisement In a statement, Huawei said the White House move was “not un
Show less
Read more
Impact Snapshot
Event Time:
ZTCOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZTCOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZTCOY alerts
High impacting ZTE CORP UNSP/ADR news events
Weekly update
A roundup of the hottest topics