ZTE shares spike after it is let off another US naughty step

Chinese kit vendor ZTE has been on some kind of probation ever since it was caught violating US trade sanctions five years ago, but not anymore.
In an investor announcement ZTE said the Court for Northern District Texas has decided not to extend this probation, which was imposed to ensure ZTE stuck to the compliance promises it made as part of its settlement with the US. The main purpose of the probation seems to have been for the US to keep a close eye ZTE to ensure it didn’t lapse into i