ZTE - Asia Tech Wire

ZTE

2024.12.27

16:09

Hong Kong stocks closed: Hang Seng Index closed down 0.04% Hang Seng Technology Index closed up 0.69%

At the close of Hong Kong stocks, the Hang Seng Index closed down 0.04%, while the Hang Seng Technology Index closed up 0.69%. Kingsoft Cloud surged 37.80%, ZTE rose more than 13%, Xiaomi Group and SMIC rose more than 4%, and Weimob Group rose more than 3%.

15:05

The total turnover of the Shanghai and Shenzhen stock markets today was 1,433.85 billion yuan, with Eastmoney ranking first in turnover

On December 27, the total turnover of the Shanghai and Shenzhen stock markets was 1,433.85 billion yuan, an increase of 161.39 billion yuan from the previous day. Among them, the turnover of the Shanghai Stock Exchange was 586.09 billion yuan (518.937 billion yuan on the previous trading day), and the trading volume was 500 million lots (422 million lots on the previous trading day); the turnover of the Shenzhen Stock Exchange was 847.76 billion yuan (753.523 billion yuan on the previous trading day), and the trading volume was 680 million lots (594 million lots on the previous trading day). East Fortune's turnover ranked first, at 17.958 billion yuan. It was followed by SMIC, ZTE, Unisplendour, and Sugon, with turnovers of 11.379 billion yuan, 9.925 billion yuan, 8.103 billion yuan, and 8.07 billion yuan, respectively.

09:37

The Hang Seng Technology Index's early gains quickly expanded to 1%. The Hang Seng Index is now up 0.26%. The telecommunications equipment sector is strong, with ZTE Corporation (00763.HK) rising more than 8%.

2024.12.26

19:04

ZTE: The transaction volume with Aerospace Ouhua will reach 1.2 billion yuan in 2025

ZTE announced that the company plans to sell government and enterprise products with Aerospace Ouhua Information Technology Co., Ltd. in 2025 with a maximum cumulative transaction amount of 1.2 billion yuan. In addition, it is expected that the company will purchase raw materials from ZTE New Communication Co., Ltd. in 2025, with a maximum cumulative amount of 400 million yuan. In terms of R&D outsourcing services, the company plans to purchase related services from Huatong Technology Co., Ltd. and Nanchang Zhongzhan Digital Technology Co., Ltd. in 2025-2026, with annual maximum amounts of 85 million yuan and 97 million yuan, respectively. These related transactions have been reviewed and approved by the company's board of directors, and the relevant related directors have abstained from voting.

11:15

ZTE Corporation's A-share price rose during the session, now up more than 7% to 40.89 yuan. The share price hit a new high since August 2023, with a cumulative increase of more than 30% in the month.

10:05

A-share liquid cooling server concepts fluctuated and rose, Kstar hit the daily limit, Kehua Data, Invke, ZTE, Guanghuan New Network, and Xiangxin Technology rose by more than 5%.

10:00

Liquid-cooled server concept fluctuates and pulls up Cosda's daily limit

The concept of liquid-cooled servers fluctuated and rose, Kstar hit the daily limit, Kehua Data, Invke, ZTE, Guanghuan New Network, and Xiangxin Technology rose by more than 5%.

2024.12.25

15:04

The total turnover of the Shanghai and Shenzhen stock markets today was 1,281.304 billion yuan, with ZTE Corporation ranking first in turnover

On December 25, the total turnover of the Shanghai and Shenzhen stock markets was 1,281.304 billion yuan, a decrease of 26.262 billion yuan from the previous day. Among them, the turnover of the Shanghai Stock Exchange was 522.168 billion yuan (530.758 billion yuan on the previous trading day), and the trading volume was 471 million lots (472 million lots on the previous trading day); the turnover of the Shenzhen Stock Exchange was 759.136 billion yuan (776.808 billion yuan on the previous trading day), and the trading volume was 668 million lots (665 million lots on the previous trading day). ZTE's turnover ranked first, at 13.016 billion yuan. It was followed by SMIC, East Fortune, Inspur, and Haiguang Information, with turnovers of 9.68 billion yuan, 8.379 billion yuan, 8.302 billion yuan, and 7.606 billion yuan, respectively.

13:22

ZTE Corporation's transaction volume reached 10 billion yuan, and it is now up 4.35%.

13:18

A-share computing power concept stocks rebounded partially, with A-Net rising nearly 10%, followed by ZTE, Sugon Digital, Baosight Software, Runze Holdings, Yakang Holdings, Zhenshitong, Hi-Tech Development, Inspur, and Ruijie Networks.

11:31

A-share midday review: Micro-cap index fell 3.62% in half a day, and more than 4,700 stocks in the market were in the red

The three major A-share indexes collectively adjusted in the morning. As of noon, the Shanghai Composite Index fell 0.31%, the Shenzhen Component Index fell 0.82%, the ChiNext Index fell 0.83%, the Beijing Stock Exchange 50 Index fell 2.32%, and the Micro-cap Index fell 3.62%. The market's half-day turnover was 870.1 billion yuan, an increase of 19.8 billion yuan from the previous day. More than 4,700 stocks in the market were in the red. In terms of sector themes, brain-computer interface, banking, and insurance sectors led the gains; civil explosives concepts and AI application directions led the declines. On the market, the banking and insurance financial sectors rose against the market, and the four major banks of Industrial and Commercial Bank of China, Bank of China, Construction Bank, and Agricultural Bank of China set new historical highs. Brain-computer interface concepts led the gains, Linsheng Technology hit the daily limit, Jiahe Intelligence, Aipeng Medical and others followed the rise. AI glasses concepts were partially active, Nationstar Optoelectronics, Skyworth Digital, and Rapoo Technology hit the daily limit, and Doctor Eyeglasses and ZTE followed the rise. The AI application direction continued to decline, Lingnan shares hit the limit, Guangdong Media, Visual China, China Radio and Television, Yuanlong Yatu, Tianyu Digital Technology, and Zhongke Jincai fell by more than 5%.

10:20

The A-share liquid cooling server concept was locally active, Tongxing Technology hit the daily limit, followed by Yinlun Holdings, Sugon Digital Technology, Inspur, ZTE Corporation, and Invair.

10:18

Liquid cooling server concept is active locally, Tongxing Technology hits the daily limit

The concept of liquid-cooled servers was locally active, Tongxing Technology hit the daily limit, followed by Yinlun Holdings, Sugon Digital Technology, Inspur, ZTE Corporation, and Invair.

2024.12.24

15:02

The total turnover of the Shanghai and Shenzhen stock markets today was 1,307.566 billion yuan, with Eastmoney ranking first in turnover

On December 24, the total turnover of the Shanghai and Shenzhen stock markets was 1,307.566 billion yuan, a decrease of 223.224 billion yuan from the previous day. Among them, the turnover of the Shanghai Stock Exchange was 530.758 billion yuan (623.118 billion yuan on the previous trading day), and the trading volume was 472 million lots (557 million lots on the previous trading day); the turnover of the Shenzhen Stock Exchange was 776.808 billion yuan (907.672 billion yuan on the previous trading day), and the trading volume was 665 million lots (796 million lots on the previous trading day). East Fortune ranked first in terms of turnover, which was 10.275 billion yuan. It was followed by Inspur Information, ZTE, SMIC, and Sichuan Changhong, with turnovers of 9.405 billion yuan, 8.892 billion yuan, 8.714 billion yuan, and 7.95 billion yuan, respectively.

2024.12.23

15:06

ZTE and its partners jointly established the Open Intelligent Computing Industry Alliance to accelerate the implementation of AI and large models in the industry

According to ZTE, ZTE and more than 40 partners jointly launched the Open Intelligent Computing Industry Alliance (COIA). The founding conference of the alliance was held in Beijing on December 18, 2024. At the founding conference, Wang Weibin, chief scientist of product planning at ZTE, attended the launch ceremony of the alliance as vice chairman. As the secretary-general of the alliance, Meng Wei of ZTE shared the alliance's work plan for 2025. He said that the alliance will use open source as a starting point to promote an open, inclusive and inclusive new artificial intelligence ecosystem. In the technical sharing session, Wang Changjin of ZTE introduced ZTE's thinking and practice in intelligent computing integration. He described ZTE's integrated computing power base, one-stop AI development platform and a full range of multi-specification solutions.

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