ZTE (00763.HK) received a Shareholding of 3.5122 million shares from JPMorgan.

On January 7, according to the latest equity disclosure information from the Hong Kong Stock Exchange, on December 31, 2024, ZTE (00763.HK) was increased by JPMORGANCHASECO with an average price of HKD 24.68 per share, acquiring 3.5122 million shares, involving approximately HKD 86.6821 million. After the increase, the latest held shares by JPMORGANCHASECO amounted to 40,433,384 shares, and the proportion of held shares rose from 4.88% to 5.35%.

Gelonghui Finance18:11 ET

Guosheng Securities: The new logic of the IDC Industry under AI development will start from energy consumption destocking.

The rapid development of AI will drive the demand for Datacenters after digesting existing resources, promoting improvements in prices and profitability.

Zhitong FinanceJan 6 00:35 ET

Hong Kong stocks trend | ZTE (00763) fell nearly 7%, ByteDance clarifies rumors of cooperation with Nubia, telecommunications capital expenditure slowdown affects core Business.

ZTE (00763) fell nearly 7%, as of the time of writing, it dropped 4.93% to 23.15 Hong Kong dollars, with a transaction volume of 0.827 billion Hong Kong dollars.

Zhitong FinanceJan 2 02:41 ET

[Brokerage Focus] Goldman Sachs raises the Target Price for ZTE (00763) by 14.5%, indicating it is likely to seize opportunities from the growth in AI demand.

Jingwu Financial News | Goldman Sachs reports that ZTE (00763) is expected to generate revenue of 35 billion yuan in 2024, remaining flat year-on-year but increasing by 27% quarter-on-quarter. Domestic telecom network demand is affected by a slowdown in capital expenditure cycles, while overseas business achieved double-digit year-on-year growth in the first three quarters of 2024. Enterprise ICT and Consumer Electronics businesses are key growth drivers, expected to account for 17% and 25% of revenue respectively in 2024. Due to an increased proportion of non-telecom business, the gross margin is expected to decline slightly to 38.6% quarter-on-quarter in 2024, although overall Net income is projected to grow by 52% year-on-year to 2.3 billion yuan.

Jingu Financial NewsDec 30, 2024 21:37 ET

Zhitong Hong Kong Stock Analysis | At the end of the year, funds are taking a steady route, and Douyin has launched gift red envelopes to stimulate individual stocks.

Today, the markets in both locations are lukewarm, which is generally the case at the end of the year, as there is pressure for capital recovery and issues with institutions redeploying. The Hong Kong stock market closed slightly down by 0.24%.

Zhitong FinanceDec 30, 2024 07:38 ET

Guosheng Securities: Pay attention to AIDC Infrastructure and recommend "Four Large and Four Small".

In the future, as the demand for Electrical Utilities in Datacenters gradually increases, power suppliers for Datacenters are expected to benefit from the demand for improved stability of Datacenters.

Zhitong FinanceDec 30, 2024 04:15 ET