UPDATE 1-China's ZTE Q1 profit rises 42 pct rise on 4G equipment demand

April 23, 2015 10:08 AM

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* HK-listed shares close down 1.9 pct (Adds analyst estimate, shares, context)

HONG KONG, April 23 (Reuters) - Chinese telecom equipment maker ZTE Corp posted a 42 percent rise in quarterly net profit on Thursday, as strong global demand for 4G infrastructure boosted sales.

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