BRIEF: ZTE first quarter profit tumbles on forex swing
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) announced on Friday its revenue rose 6.1% year-on-year to about 35 billion yuan ($5.12 billion) in the first quarter. But its net profit…
FAST NEWS: Zhonggan Communication plummets in Hong Kong trading debut
The Latest: Integrated telecoms infrastructure services provider Zhonggan Communication (Group) Holdings Ltd. (2545.HK) opened at HK$0.76 in their Wednesday trading debut, 39.2% lower than their IPO price of HK$1.25, with a market…
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