NEWS： ZTE estimates that at least 20 billion yuan will be lost because of the US ban.

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China's 000063.SZ (0763.HK) estimates that the US sale of ZTE has caused at least 20 billion yuan ($3 billion 100 million) losses to the company, according to an unsigned source quoted by Bloomberg on Wednesday.
The report said ZTE hopes that the US and China will soon reach an agreement and lift the ban so that ZTE can resume production soon after the lifting of the ban.


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