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UPDATE 2-Investors wipe $3 bln off China's ZTE as US settlement sinks in

CNBC

* ZTE confirms details of deal reached with U.S. HONG KONG, June 13 (Reuters) - Investors wiped about $3 billion off embattled Chinese telecommunications giant ZTE Corp's market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the U.S. government. China