Huawei suppliers fall as co sues U.S. govt

Yangtze Optical Fibre and Cable Joint Stock Co

07/03/2019 02:49

** Shares in Huawei suppliers drop across the board, as the
telecom giant sues U.S. over curbs on its equipment use 
    ** Chinese telecoms equipment maker Huawei Technologies Co
Ltd  HWT.UL  on Thursday confirmed it is suing the U.S.
government over a section of a defence bill passed into law last
year that restricted its business in the United States
 urn:newsml:reuters.com:*:nL3N20U0OP 
    ** The CSI telecommunication services index  .CSI000994 
slides more than 1 pct 
    ** Leading the drop on the mainland, Shenzhen Sunway
Communication  300136.SZ  slumps more than 5 pct, while Accelink
Technologies  002281.SZ , Luxshare Precision Industry
 002475.SZ , Shennan Circuits  002916.SZ , Lens Technology
 300433.SZ  and Shengyi Technology  600183.SS  decline in the
range of 2.1-5 pct 
    ** In Hong Kong, Sunny Optical Technology  2382.HK , AAC
Technologies Holdings  2018.HK , Semiconductor Manufacturing
International Corp BYD Electronic International  0285.HK  and
Yangtze Optical Fibreand  6869.HK  lose by 1.4-4.5 pct
    ** In Taiwan, MediaTek  2454.TW  and Hon Hai Precision
 2317.TW  both slip less than 1 pct 

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