Meng, whose father Ren Zhengfei founded Huawei and is the telecommunications company's chief executive, entered an agreement with U.S. prosecutors last year for the case to be dismissed four years after her December 2018 arrest.Prosecutors accused Meng of bank fraud and other crimes for misleading HSBC Holdings Plc (HSBA.L) and other banks about Huawei's relationship with a company that operated in Iran.She entered a deferred prosecution agreement with U.S. prosecutors in Sept. 2021 in which she acknowledged having made false statements about Huawei's Iran business.Shortly afterward, China released two Canadians it had been holding, and two American siblings who had been prevented from leaving the country were allowed to fly home.On Nov. 25, the Biden administration banned approvals of new telecommunications equipment from Huawei and China's ZTE Corp (000063.SZ) because they posed an "unacceptable risk" to national security."