000063 ZTE Corporation
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ZTE Corporation News
Express News | BlackRock's Long Position in H-Shares of ZTE Corp Decreases to 6.73% on Aug 5 From 7.25% - HKEX
Open Source Securities: Intensive Implementation of the Intelligent Computing Project, Bullish on the Direction of Domestic AI Computing Power.
The demand for downstream industries such as internet, telecommunications operators, and government is high, and the Smart Computing project is intensively landing. On the other hand, it is imperative to develop domestic computing power due to the layers of restrictions imposed by the US on domestic AI development.
Hong Kong stock concept tracking | Three departments promote the collaborative project of computing power and electrical utilities, pay attention to investment opportunities in the computing power industry chain (with concept stocks).
The plan proposes to explore the implementation of a number of collaborative projects between computing power and electrical utilities, coordinate the development needs of datacenters and the endowment of new energy resources, scientifically integrate source and load storage resources, and carry out collaborative planning and layout of computing and electrical infrastructure.
ZTE (00763.HK) plans to hold a board of directors meeting on August 16th to approve mid-year performance.
ZTE (00763.HK) announced that it will hold a meeting on Friday, August 16, 2024, at ZTE Building, Keji South Road, High-Tech Industrial Park, Nanshan District, Shenzhen, Guangdong, China to approve the company and its subsidiaries' mid-year performance ending on June 30, 2024, and to deal with any other matters, if any.
ZTE: NOTICE OF BOARD MEETING
ZTE Corporation's (SZSE:000063) Low P/E No Reason For Excitement
China International Capital Corporation: The third generation of the Smart Driving Pioneer Robotaxi is still going strong, and its commercialization is just right.
With the successive introduction of central and local regulations, the commercial operation of unmanned vehicles is expanding, making it the perfect time for Robotaxi to land.
[Featured Big V] Deng Shengxing: Hong Kong stocks are powerless to continue searching for the bottom.
Goldman Sachs reported that the Hang Seng Index closed at 17,311 on Wednesday (24th), down 158 points or 0.91%. The total turnover of the market was HKD 86.8 billion for the whole day. The national index fell 52 points or 0.85% to 6142; the science and technology index fell 53 points or 1.52% to 3491. Blue-chip AIA Group (01299) plummeted 3.9%; HSBC Holdings (00005) fell 0.2%; Hong Kong Exchanges and Clearing (00388) fell 1.3%; Tesla's electric car sales fell for two consecutive seasons, with the stock price plummeting after trading hours, dragging down the entire electric car stock market. The Dow Jones Industrial Average closed at 39,853 on Wednesday (24th), down 504 points or 1%.
Nomura Adjusts ZTE's Price Target to HK$22 From HK$23, Keeps at Buy
Nomura: Maintains a "buy" rating for ZTE (00763) and lowers the target price to HKD 22.
Nomura predicts that ZTE (00763) will have a compound annual growth rate of 8% from 2024 to 2026.
Hong Kong stock concept tracking | AI will usher in important catalysts, domestic computing power will accelerate development period (with concept stocks).
The meeting emphasized the continuous breakthrough of xinxingchanye (emerging industries), the strategic development of global strategy (strategic) emerging industries and future industry development, the continuous promotion of industrial high-end, asia vets (intelligent), and green development, and the comprehensive implementation of the "AI+" special action.
ZTE (000063.SZ): Has a relatively small telecommunications equipment income scale in the German market.
On July 23rd, Glonhui reported that an investor asked ZTE (000063.SZ) on the investor interactive platform, "What is the proportion of the company's business in Germany?" The company replied that the scale of telecommunications equipment revenue in the German market is relatively small, and this matter has a relatively small impact on the company's operations. The company always adheres to compliant operations and is committed to becoming a compliant participant in the global market.
ZTE (000063.SZ): currently has no direct partnership with Baidu's Apollo autonomous driving system.
On July 23rd, Glonhui reported that an investor asked ZTE (000063.SZ) on the investor interaction platform, "Does your company have any cooperation with Baidu's Apollo autonomous driving?" The company responded that there is currently no direct cooperative relationship between the company and Baidu's Apollo autonomous driving.
ZTE (000063.SZ) collaborates with top car companies such as Changan, Dongfeng, and FAW to verify and establish pinpoint cooperation in the field of self-driving car operating systems.
On July 23, Guolong News reported that an investor asked ZTE (000063.SZ) on the investor interaction platform: "Has the company invested in self-driving technology for autos? What kind of technology support can you provide for self-driving cars?" The company replied that it adheres to the innovation of basic technology and provides digital automotive basic capabilities. Relying on hard strength and supply chain capabilities in fields such as chips, operating systems, software engineering, digital transformation, and hardware and software collaboration, it deeply integrates intelligent technology and automotive industry scenarios to improve productivity of all elements. In terms of intelligentization of automobiles, the company's vehicle operating system is used by Changan, Dongfeng, FAW, etc.
GF Sec: Smart bikes and car-cloud development have great potential for the communication sector.
The car-road cloud autonomous driving also uses large models for inference, but focuses on emphasizing V2X technology. The on-board model will combine cloud instructions such as road sensors and high-precision maps to control the vehicle.
CITIC SEC: Domestic computing power and network equipment industry chain usher in an accelerated development period.
With the outbreak of domestic demand for AI computation, localization is accelerating.
CICC: Resonance of High AI Prosperity at Home and Abroad. Will Pay Attention to the Structural Upgrading of Traditional Telecommunications Business in the Second Half of the Year.
Looking forward to the second half of 2024, it is recommended to pay attention to five major opportunities in the communications equipment industry.
JP Morgan: Latest Ratings and Target Prices for the Telecommunication Sector (Table)-China Mobile (00941) is the top choice.
Morgan Stanley expects that the revenue of Chinese telecommunication sector in the second quarter will be weak, but their profits will remain stable, while the revenue and profits of ZTE (00763) and China Tower (00788) may remain stable.
JPMorgan: Expects Mainland Telecom Stocks to Have Weak Revenue but Stable Profits in Q2, China Mobile is the Preferred Choice.
JPMorgan released a report stating that mainland telecommunications shares are expected to have weak revenue but sturdy profits in the second quarter, while ZTE and China Tower's revenue and profits may remain sturdy. The bank raised its rating of ZTE's H shares from "shareholding" to "neutral", believing that the company's performance in government, enterprise, and consumer businesses may exceed expectations and offset the weakness of the mainland base station business, thus promoting stable growth of revenue and profits in the second quarter. Regarding China Tower, the bank expects its second-quarter performance to remain sturdy, and the management's guidance on financial arrangements after 2026 is expected to be limited. The bank maintains its "neutral" rating on the company. The bank believes that due to new digital businesses (such as cloud and datacenter)
Express News | BlackRock Increases Long Position in H-Shares of ZTE Corp to 7.30% on July 11 From 6.85% - HKEX
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