ZTE - Asia Tech Wire

ZTE

2025.03.07

17:06

ZTE's shareholding was reduced, and JPMorgan Chase's shareholding ratio dropped to 4.72%

Information from the Hong Kong Stock Exchange shows that JPMorgan's shareholding in ZTE fell from 5.04% to 4.72% on March 3, with an average share price of HK$26.84.

2025.03.06

14:09

China Unicom and ZTE jointly launch a series of new AI home terminal products

On March 5, during MWC25, China Unicom and ZTE jointly launched a series of innovative AI smart home terminal products. This cooperation is another important achievement of the two parties' in-depth exploration in the field of smart home. The new products released this time cover a variety of AI home terminals, including home smart screens, AI gun-ball linkage cameras, and home AI companion screen cameras, realizing full-domain AI home scenarios such as connection, entertainment, control, and security.

05:35

FTSE China A50 Index to include Cambrian, China Unicom and Guotai Junan

On March 5, FTSE Russell announced quarterly review changes to the FTSE China 50 Index, FTSE China A50 Index, FTSE China A150 Index, FTSE China A200 Index, and FTSE China A400 Index. The change will take effect after the close of trading on Friday, March 21, 2025. Specifically, the FTSE China A50 Index, which has attracted the most attention in the market, will include Cambrian-U, China Unicom, and Guotai Junan; China General Nuclear Power, Yili Group, and Luzhou Laojiao will be removed. BeiGene-U, SAIC Group, Seres, Inovance, and ZTE Corporation are on the list of reserve stocks for the FTSE China A50 Index. The reserve list will take effect immediately until the next quarterly review of the constituent stocks. If one or more constituent stocks are deleted, the reserve stocks will be selected.

2025.03.04

06:53

Mobile World Congress opens, Chinese companies lead the new wave of "5G-A×AI"

On March 3, the 2025 Mobile World Congress (hereinafter referred to as "MWC2025") kicked off in Barcelona, Spain. As a weathervane for global technological development, this year's conference theme is "Integration, Connection, Creation", bringing together more than 2,700 top technology companies and innovative companies from around the world. These companies will showcase cutting-edge technologies and innovative products in the fields of AI and communication technology integration, 5G-A, and innovative applications of the Internet of Things (IoT), and will jointly discuss the development trends of the mobile communications industry. This year, a total of 344 Chinese technology companies participated in MWC2025, an increase of nearly 20% over 2024. Chinese companies such as China Telecom, China Mobile, China Unicom, Huawei, ZTE, Honor, and Xiaomi have set up booths and released blockbuster products and solutions. The deep integration of AI and 5G-A and the application of AI in terminal equipment and industry digital transformation have become the focus of this conference.

2025.03.03

17:16

Information from the Hong Kong Stock Exchange shows that BlackRock (BLK.N) increased its shareholding in ZTE Corporation (00763.HK) from 4.83% to 5.11% on February 25.

17:12

BlackRock increases stake in ZTE

Information from the Hong Kong Stock Exchange shows that BlackRock's shareholding in ZTE increased from 4.83% to 5.11% on February 25.

16:37

UOB Kay Hian maintains “hold” rating on ZTE

UOB Kay Hian maintained its “hold” rating on ZTE and raised its target price to HK$26.5.

16:09

Hong Kong stocks closed: Hang Seng Index closed up 0.28%; Mixue Group surged 43%

At the close of Hong Kong stocks, the Hang Seng Index closed up 0.28%, while the Hang Seng Technology Index closed down 0.58%. The Hong Kong Stock Technology ETF (159751) closed down 0.67%, while the Hang Seng Hong Kong Stock Connect ETF (159318) closed up 0.63%. On its first day of listing, Mixue Group surged 43%, while Oriental Selection rose more than 8%; ZTE fell more than 10%, while Li Auto and SMIC fell more than 4%.

14:12

ZTE's Hong Kong shares fell more than 10%

ZTE’s Hong Kong stocks fell more than 10%, and ZTE’s A shares fell nearly 7%.

14:12

ZTE Corporation’s (00763.HK) Hong Kong stocks fell more than 10%, while ZTE Corporation’s A shares fell nearly 7%.

12:00

Hong Kong Stocks Midday Review: Hang Seng Index rose 1.21% Hang Seng Technology Index rose 0.67%

At the close of Hong Kong stocks at noon, the Hang Seng Index rose 1.21%, and the Hang Seng Technology Index rose 0.67%. Mixue Group rose 40%, Alibaba and Tencent Holdings rose more than 2%; ZTE fell more than 8%.

11:18

ZTE’s H shares fell nearly 8%, while ZTE’s A shares fell more than 5%.

09:35

A-share liquid cooling server concept stocks fell abnormally, with ZTE Corporation falling more than 7%, followed by Eurolink, Steptronic, Invke, Accelink Technologies, and Runze Technology.

09:34

Liquid-cooled server concept fell abnormally, ZTE fell more than 7%

Liquid-cooled server concepts fell abnormally, with ZTE Corporation falling more than 7%, followed by Eurolink, Steptronic, Invke, Accelink Technologies, and Runze Technology.

2025.02.28

19:57

ZTE: Net profit in 2024 is 8.425 billion yuan, down 9.66% year-on-year

ZTE announced that its operating income in 2024 will be 121.299 billion yuan, a year-on-year decrease of 2.38%. The net profit attributable to the listed company's common shareholders will be 8.425 billion yuan, a year-on-year decrease of 9.66%. The company's 2024 profit distribution plan is to distribute RMB 6.17 in cash (including tax) per 10 shares to all shareholders based on the total share capital on the equity registration date for dividend distribution.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Singapore investigates Nvidia server export fraud
                            2025-03-03

                                    Shenzhen: By 2027, there will be more than 1,200 companies related to the embodied intelligent robot industry cluster
                            2025-03-03

                                    Hongqi Chain Store: Deputy General Managers Zhang Ying, Wan Chun, Hong Fan and Yang Yuanbin resigned
                            2025-03-03

                                    Shenzhen: Focus on supporting key core technologies such as core components of embodied intelligent robots, AI chips, and bionic dexterous hands
                            2025-03-03

                                    Intel showcases Xeon 6 processor-based network infrastructure at MWC2025
                            2025-03-03