Huawei founder Ren Zhengfei hints for the first time that a public listing of one of its business units might be on the cards

Source: South China Morning PostRen Zhengfei, the leader of embattled Chinese tech giant Huawei Technologies Co, hinted in a letter to employees on Sunday that the company may be exploring the capital market, marking a subtle shift from previous statements that it has no plans to go public. The letter, published on Huawei’s official employee website, tackled the uncertainties the company is facing as US trade sanctions continue to affect its business. Ren issued a warning to staff not to falsify accounts, or else they will…Read More

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