ZTE - TechWire

ZTE

2025.09.04

15:10

CCB International: ZTE's interim results are strong, raising its target price to HK$40

CCB International published a research report stating that ZTE Corporation (ZTE) delivered strong interim results, with revenue increasing by 15%, primarily driven by positive demand in its government business and boosted by its consumer business. Segment revenue increased by 110% and 8%, respectively, during the period. Gross profit margin narrowed by 8.1 percentage points year-on-year to 30.9%. The bank attributed this to the increased share of server sales, which contribute less profit to the government business, and the increased proportion of AI server shipments. The bank believes that computing demand from domestic internet service providers will remain strong for the remainder of the year and believes that ZTE's component inventory can support continued strong growth. It currently forecasts a 104% year-on-year increase in ZTE's government business revenue for the full year, with a 14% increase next year. While gross profit margin may remain under pressure this year, it is not expected to deteriorate further. The bank maintained its "Outperform" rating on ZTE and raised its target price from HK$33 to HK$40.

2025.09.02

13:20

ZTE's A-shares and H-shares fell in the afternoon, both falling by more than 7%.

2025.09.01

17:14

Hong Kong Stock Exchange documents show that BlackRock's long position in ZTE Corporation (00763.HK) increased from 6.37% to 7.29% on August 26.

12:02

Hong Kong Stock Market Midday Review: Hang Seng Index rose 1.77%, Hang Seng Tech Index rose 1.77%

At the midday close of Hong Kong stocks, the Hang Seng Index rose 1.77%, while the Hang Seng Tech Index rose 1.77%. The Hong Kong Tech ETF (159751) rose 1.67%, and the Hang Seng Hong Kong Stock Connect ETF (159318) rose 1.09%. Among sectors, healthcare technology and pharmaceuticals led the gains, while aerospace & defense and leisure equipment & supplies led the declines. In terms of individual stocks, Alibaba-W rose 17.29%, Alibaba-WR rose 16.67%, Innovent Biologics rose 9.04%, BOC (Hong Kong) rose 6.08%, BOC (Hong Kong)-R rose 6.03%, Zijin Mining rose 5.86%, WuXi Biologics rose 5.84%, WuXi AppTec rose 5.84%, Shandong Gold rose 5.79%, Smoore International rose 5.61%, CSPC Pharmaceutical Group rose 5.07%, SMIC rose 4.94%, Kelun Biotech-B rose 4.71%, BeiGene rose 4.45%, and ZTE rose 4.23%; BYD Co., Ltd. fell 6.82%, Meitu fell 12.18%; Melco International Development rose 18.76%.

2025.08.31

15:12

Cathay Pacific and Haitong Securities became the stocks with the largest net purchase amount by mutual funds in the first half of the year

On August 31st, the 2025 semiannual reports of mutual funds were released. Data from Tianxiang Investment Consulting shows that Cathay Pacific and Haitong Securities were the top net buyers of mutual funds in the first half of the year, with net purchases reaching 14.612 billion yuan. Other top ten stocks by net purchases by mutual funds in the first half of the year included Montage Technology, Industrial Bank, East Fortune, SF Holding, iFlytek, Bank of Hangzhou, Focus Media, SmartSens, and VeriSilicon. BYD was the top net seller, while other top ten stocks by net sales by mutual funds in the first half of the year included CATL, ZTE, Haitong Securities, Luxshare Precision, Midea Group, Bank of China, Wuliangye, Wanhua Chemical, and Kweichow Moutai.

2025.08.29

17:17

Citigroup's long position in ZTE's H shares increased to 7.17%.

According to the Hong Kong Stock Exchange, Citigroup increased its long position in ZTE Corporation - H shares from 6.71% to 7.17% on August 25, 2025.

14:17

ZTE Corporation (00763.HK) fell more than 10% in the afternoon on the Hong Kong stock market, while ZTE Corporation's A-shares fell more than 5%.

14:14

ZTE's stock price fell more than 5% during trading

ZTE Corporation fell more than 5% during the session and is now trading at 45.02 yuan.

2025.08.26

19:10

Leveraged funds have recently increased their holdings of 46 xinchuang concept stocks, with net purchases exceeding 100 million yuan each.

According to statistics, there are over 100 ICT-related stocks in the A-share market. In terms of institutional attention, stocks like Kingsoft Office, GigaDevice, and Haiguang Information Technology have each received ratings from over 30 institutions, while stocks like Foxconn Industrial Internet, iFlytek, and Hikvision have each received ratings from over 20 institutions. In terms of capital flows, leveraged funds have recently significantly increased their holdings in ICT-related stocks. According to Databao statistics, as of August 25th, ICT-related stocks have received a total net financing purchase of over 27.3 billion yuan since August, with 46 of these stocks receiving net financing purchases exceeding 100 million yuan each. The stocks with the highest net financing purchases include Haiguang Information Technology, SMIC, Foxconn Industrial Internet, ZTE, and North China Huachuang. Among these 46 concept stocks, as of the close of August 26th, the stocks whose cumulative monthly gains underperformed the Shanghai Composite Index during the same period include Dongshan Precision, Kingsoft Office, China Micro Semiconductor, Glodon, and iFlytek.

17:53

According to Hong Kong Stock Exchange documents, on August 21, JPMorgan Chase's short position in ZTE Corporation (00763.HK) H shares increased from 2.62% to 3.26%.

17:30

Citigroup and JPMorgan Chase increased their holdings of ZTE's H shares, while UBS reduced its holdings

According to the Hong Kong Stock Exchange, Citigroup increased its long position in ZTE Corporation (H shares) from 5.05% to 5.3% on August 20, 2025. JPMorgan increased its long position in ZTE Corporation (H shares) from 6.27% to 6.98% on August 21, 2025. UBS reduced its long position in ZTE Corporation (H shares) from 8.47% to 7.98% on August 20, 2025.

2025.08.25

17:15

According to an announcement from the Hong Kong Stock Exchange, on August 19, UBS increased its short position in ZTE Corporation's (00763.HK) H shares from 4.95% to 5.51%.

14:55

The trading volume of ZTE Corporation's A-shares reached 20 billion yuan and is now down nearly 2%.

14:52

ZTE's transaction volume reached 20 billion yuan

ZTE's transaction volume reached 20 billion yuan and is now down 1.83%.

07:14

This week's key events and data preview: US PCE, India's tariffs take effect, Alibaba, Nvidia, and other earnings reports

1. Monday: ① Data: Germany's August IFO Business Climate Index; US July New Home Sales Annualized, August Dallas Fed Business Activity Index. ② Event: London Stock Exchange closed for the summer bank holiday. ③ Financial reports: Haidilao and Pinduoduo. ④ The People's Bank of China conducts 600 billion yuan in MLF operations. 2. Tuesday: ① Data: US July durable goods orders monthly rate, June FHFA house price index monthly rate, S&P/CS 20-city house price index annual rate, August Conference Board consumer confidence index, Richmond Fed manufacturing index. ② Events: A new round of domestic refined oil price adjustments will begin; 300 billion yuan in one-year MLF and 580.3 billion yuan in 7-day reverse repos will mature; Dallas Fed President Logan and New York Fed President Williams delivered speeches at the Banco de Mexico's 100th anniversary conference; the Reserve Bank of Australia releases its meeting minutes. ③ Financial reports: Ping An Insurance, Nongfu Spring, PetroChina, China Resources Land, Fosun Pharma, and Beike. 3. Wednesday: ① Data: Australia's July weighted CPI annualized rate; Germany's September GfK consumer confidence index; Switzerland's August ZEW investor confidence index; UK's August CBI retail sales difference; US API and EIA weekly crude oil inventory reports. ② Event: India's National Stock Exchange closed for one day for Ganesha festival. ③ Financial reports: China Life, Meituan, China Life Insurance Group, CNOOC, Fosun International, Anta Sports, Nvidia. 4. Thursday: ① Data: Eurozone August industrial and economic sentiment index; Canada's second-quarter current account; US initial jobless claims, revised second-quarter real GDP annualized rate, July existing home sales index monthly rate, EIA natural gas inventories. ② Event: Federal Reserve Chairman Barkin's speech; ECB's July meeting minutes. ③ Financial reports: ZTE, China Southern Airlines, COSCO Shipping Holdings, Li Auto. ④ The US's additional 25% tariff on India takes effect, bringing the total tariff to 50%. 5. Friday: ① Data: Japan's July unemployment rate; preliminary monthly CPI figures for France and Germany for August, final annualized GDP figures for France's second quarter; Switzerland's August KOF leading economic indicator; Germany's August seasonally adjusted unemployment report; Canada's June GDP; US July core PCE price index monthly and annualized rates, July personal spending monthly rate, August Chicago PMI, final August University of Michigan consumer confidence index, final August one-year inflation forecasts. ② Event: Federal Reserve Board Governor Waller's speech on monetary policy. ③ Financial reports: Alibaba, BYD, Country Garden, CICC, ICBC, Bank of China, Bank of Communications, Agricultural Bank of China, China Construction Bank, China Merchants Bank, and GAC Group. ④ The US ends tariff reductions on low-value imports. 6. Saturday: ① Data: US oil rig count for the week ending August 29. 7. Sunday: ① Data: China's official manufacturing PMI for August. ② Event: The Shanghai Cooperation Organization Tianjin Summit.

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