{
}
The FCC has launched an investigation into Huawei and eight other Chinese telecom companies, citing concerns over national security risks linked to their operations in the U.S. This follows an alleged bribery case, with the FCC labeling these firms as a threat to user privacy and data security. FCC Chair Brendan Carr emphasized the need to close loopholes that allow these companies to operate unregulated in the U.S.
The Federal Communications Commission is investigating several Chinese telecom companies, including Huawei and ZTE, for allegedly circumventing US operational restrictions. FCC chair Brendan Carr expressed concerns that these firms may be continuing business in the US despite being on a "covered list" due to security threats. The probe aims to uncover any ongoing activities and potential foreign assistance, amid rising US-China tensions.
The HSI closed at 20,106, up 180 points, while the HSTI rose 98 points to 4,693, with market turnover reaching $147.98 billion. Notable gainers included SUNNY OPTICAL, up 7.3%, and SMIC, which hit a new high with a 6.3% increase. Heavyweights like MEITUAN and CCB also saw gains, while TENCENT dipped 0.6%.
CHINA UNICOM
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
fcc probes huawei and chinese telecoms over us security risks
ZTE
CHINA UNICOM
CHINA TELECOM
CHINA MOBILE
Hytera Communications Corporation Limited
Zhejiang Dahua Technology Co., Ltd.
USA
CHN
Brendan Carr
Show more
05:54 22.03.2025
us investigates chinese telecom firms over security concerns and compliance issues
18:40 21.03.2025
Hong Kong markets rise with significant gains in key stocks
09:12 21.01.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Central Bank Actions
Banking Regulations
Retail and Consumer Goods
Finance Mergers & Acquisitions
Industry Mergers & Acquisitions
Startups & Entrepreneurship
Inflation and Monetary Impact
Government Economic Policies
CEO Changes
Domestic Politics
Market Analysis and Predictions
Workplace Trends
Government Policies
Supply Chain Management
Financial Scams and Security
Countries:
Companies:
Tesla, Inc.
Apple Inc.
Barclays PLC
JPMorgan Chase & Co.
Deutsche Bank Money Market PP
Credit Suisse Strategic Income I
The Goldman Sachs Group, Inc.
Berkshire Hathaway Inc.
UBS Group AG
BNP Paribas SA
Banco Santander, S.A.
Lloyds Banking Group plc
SpaceXCoin USD
Bank of America Corporation
Jenoptik AG
Air France-KLM
Amazon.com, Inc.
NVIDIA Corporation
Infineon Technologies AG
Banco BPM S.p.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Chinese Yuan
Canadian Dollar
Vietnamese Đồng
South Korean Won
Australian Dollar
Thai Baht
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
Cambodian Riel
Myanmar Kyat
People: