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ZTE to raise CNY 11.5 bln in share issue to fund 5G development

Thursday 16 January 2020 | 09:10 CET | News
ZTE announced plans to raise CNY 11.5 billion (EUR 1.5 billion) in a share offering to help fund 5G research and development and working capital. The company plans to issue the shares to institutional investors. 

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Categories: Mobile & Wireless
Companies: ZTE
Countries: China / World
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