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Hong Kong stocks movement | ZTE (00763) fell over 6% in the afternoon, with China Unicom's new fiscal year expenditure guidance expected to decrease by approximately 10% year-on-year. Citigroup stated this could be unfavorable for ZTE.
ZTE (00763) fell more than 6% in the afternoon, and as of the time of publication, it has dropped 4.66%, priced at 25.6 Hong Kong dollars, with a trading volume of 0.892 billion Hong Kong dollars.
The quarterly adjustments of multiple indices under FTSE Russell have officially come into effect.
Jinwu Financial News | On March 5th, the well-known index company FTSE Russell announced quarterly review changes to several of its indices, involving the FTSE China 50 Index, FTSE China A50 Index, FTSE China A150 Index, FTSE China A200 Index, and FTSE China A400 Index. These quarterly adjustments officially took effect after the market closed on March 21st. Among these adjustments, the changes in the FTSE China A50 Index, which attracted a lot of market attention, stand out. Cambricon, China United Network Communications, and GTJA were included in this index; while CGN Power Co., Ltd. and Yili shares...
China International Capital Corporation: Many government and enterprise organizations are beginning to successively integrate large models, and corporate middle platforms are expected to rejuvenate.
The emergence of DeepSeek is expected to enhance the capabilities of AI platforms, accelerating its implementation in enterprises.
Express News | HKEX information shows that Blackrock's stake in ZTE increased from 5.24% to 5.29% on March 17.
Citi: Assigns a "Buy" rating to China United Network Communications (00762) with a Target Price of 6.9 Hong Kong dollars.
The spending guidance target for the 2025 fiscal year of Unicom is 55 billion yuan, a decrease of about 10% year-on-year, which the bank believes may be unfavorable for ZTE (00763).
ZTE released the AiCube DeepSeek integrated machine.
On March 19, at the MWC25 Barcelona exhibition, ZTE officially launched the Ai Cube DeepSeek integrated machine, providing enterprises with an efficient large model commercialization solution. The Ai Cube DeepSeek integrated machine addresses the "last mile" challenge of large-scale AI model commercialization through the integration of high-performance Hardware, an easy-to-use training and deployment platform, and mainstream large models, enabling efficient, safe, and low-cost local deployment.