Huawei CFO Meng Wanzhou is the only child of the company's founder

She was arrested in Canada, pending extradition to the US on charges related to violating sanctions on Iran

Bail set at CAD10 million, plus other conditions:

  • 7.5 million in cash
  • 5 guarantors
  • must stay in Vancouver area (a limited area of the city)
  • surrenders passport etc
  • must be accompanied by security detail if she leaves her house
  • not allowed to read forexlive (wow, that's harsh)

This should be a risk positive.