E-Minis Supported By Huawei Story?

E-minis may be drawing support from an FT piece which noted that "the US is allowing a growing number of chip companies to supply Huawei with components as long as these are not used for its 5G business, people briefed by Washington said, in a potential lifeline for the Chinese group. Analysts believe this could mean that tough US sanctions this year against China's leading technology group could be less threatening to its overall business than previously thought. While the sanctions would still pose a grave challenge to Huawei's 5G business, the company's important smartphone arm might have a chance to recover." There hasn't been particularly broad coverage of the piece on the wires as of yet.