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4-Traders Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  ZTE Corporation    000063   CNE000000TK5

ZTE CORPORATION (000063)
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ZTE : China does not want to see escalation in Sino-U.S. trade tension

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05/17/2018 | 04:46pm CEST

BEIJING (Reuters) - China does not want to see escalation in Sino-U.S. trade tensions, its commerce ministry said on Thursday, expressing hope that the two sides could minimize conflict during talks being held in the United States.

China hopes the U.S. will take action as soon as possible on the case of Chinese technology company ZTE and resolve it in a fair manner, ministry spokesman Gao Feng told reporters at a regular briefing.

U.S. President Donald Trump pledged on Sunday to help ZTE Corp "get back into business, fast" after a U.S. ban crippled it, offering a job-saving concession to Beijing ahead of this week's talks.

(Reporting by Yawen Chen and Beijing Monitoring Desk; Editing by Clarence Fernandez)

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Financials ( CNY)
Sales 2018 115 B
EBIT 2018 5 508 M
Net income 2018 5 148 M
Finance 2018 18 593 M
Yield 2018 0,77%
P/E ratio 2018 25,44
P/E ratio 2019 21,71
EV / Sales 2018 0,91x
EV / Sales 2019 0,80x
Capitalization 123 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 31,0  CNY
Spread / Average Target -1,1%
EPS Revisions
Managers
NameTitle
Xian Ming Zhao President & Executive Director
Yi Min Yin Chairman
Da Xiong Xie Chairman-Supervisory Board
Wei Lin Shao Chief Financial Officer & Executive Vice President
Hui Jun Xu Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
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