Huawei suppliers rise on report of U.S. deal with CFO on resolving criminal charges

WUS Printed Circuit Co

04/12/2020 02:12

** Shares in Huawei Technologies Co Ltd 's  HWT.UL  greater
China suppliers rise, bucking a broad retreat in the market 
    ** The U.S. Department of Justice is discussing a deal with
lawyers for Huawei finance chief Meng Wanzhou that would let her
return to China from Canada, a person familiar with the matter
said  urn:newsml:reuters.com:*:nL1N2IJ32H 
    ** Meng, 48, was arrested in Canada in December 2018 on a
U.S. warrant. She faces bank fraud charges for allegedly
misleading HSBC Holdings Plc  HSBA.L  about Huawei Technologies
Co Ltd's business dealings in Iran, which was subject to U.S.
sanctions
    ** On the mainland, Wus Printed Circuit Kunshan  002463.SZ ,
Shennan Circuits  002916.SZ , Shengyi Technology  600183.SS  and
Hangzhou Silan Microelectronics Co Ltd  600460.SS  rise between
1.9% and 7.5%, while the benchmark Shanghai index  .SSEC  sheds
0.4% 
    ** In Taiwan, Hon Hai Precision Industry  2317.TW  and
Taiwan Semiconductor Manufacturing  2330.TW  firm 1.1% and 0.5%,
respectively  



 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))