HONG KONG - ZTE Corp said it was looking to raise 11.51 billion yuan from a private placement of A shares, and that it plans to use the proceeds for research and development of 5G networks as well as working capital.
That represents a discount of 18.2% to ZTE’s A-share closing price of 36.92 yuan in Shenzhen on Wednesday. The company had not responded to an email request for comment on details and identity of the investors.
CCPChina owned copy&paste company. Any stockholder interests is at the mercy of communist “law” & whims.
If I could only fit my zte battery into this andriod...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This 28-Year-Old Supercross Racer Has 20 Minutes To Make $1 MillionAt the Monster Energy Supercross World Finals in Las Vegas, a French racing star marred by controversy has 20 minutes to win a championship bonus worth more ... Big cahones
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon to Invest $1 Billion in IndiaAmazon founder B said Wednesday that his company plans to invest $1 billion in digitizing small and medium businesses in India. And only 690k into Australia. Nice one Jeff Seriously!! Wtf! You’re an American company. If I was President I would say, invest that billion in America or you’ll pay taxes that would equal dozens of times that of the payment to India. Excellent stuff.
Source: billboard - 🏆 112. / 63 Read more »
Chris Hemsworth Announces He's Donating $1 Million to Australian Wildfire Relief'We’re really still in the thick of it here, as there’s plenty of challenging times ahead and still to come.' _mouramon
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Under fire in India, Amazon offers small business owners $1 billion olive branchUnder fire in India, Amazon CEO offers small business owners $1 billion olive branch during a goodwill visit by Sankalp_sp AdityaKalra He is a f****** freak Lol this is the 1% in the world. They operate by just trying to throw money at people until they get thier way. Imagine if you didnt have to pay ANY taxes in the US. sankalp_sp adityakalra 😱 FUNNIEST VIDEO ON YOUTUBE!!! WATCH THIS NOW!!! 🤣🤣🤣
Source: Reuters - 🏆 2. / 97 Read more »
Amazon’s Bezos Pledges New $1 Billion India Investment Amid PushbackDuring a visit to India, Jeff Bezos says the new money is meant to help more local businesses start selling on Amazon’s marketplace, as Indian policy makers have been tightening restrictions on U.S. companies. 1 Bil ... Made in the good old USA...? India should apply 'Trump policy on business' more on Chinese firms minting money without any contribution to Indian economy or product development,instead of US businesses considering Chinese hostile policies on Kashmir, hurting Indian interests.
Source: WSJ - 🏆 98. / 63 Read more »