Hong Kong stock Concept tracking | Doubao has become the Global second largest AI product, with increased investment in AI computing power (attached are the Concept stocks).

The popularity of Doubao applications has brought infinite possibilities for AI computing power.

Zhitong Finance00:42 ET

Hong Kong stocks moving differently | ZTE (00763) rises more than 6% against the trend as the company seizes opportunities from AI large model demand for computing power continues.

ZTE (00763) rose more than 6% against the trend, as of the time of writing, it increased by 6.73%, reaching 22.2 Hong Kong dollars, with a transaction amount of 0.445 billion Hong Kong dollars.

Zhitong Finance20:48 ET

Jinlu Electronics (301282.SZ): The company's clients in the communication electronics field include ZTE, Fiberhome Telecommunication Technologies, and others.

On December 17, Gelonghui reported that Jinlu Electronics (301282.SZ) indicated on the investor interaction platform that its clients in the field of communication electronics include ZTE, Fiberhome Telecommunication Technologies, and others. The Consumer Electronics field is not a primary application area for the company’s products, with clients including LG, Lite-On Technology, and others.

Gelonghui FinanceDec 17 01:34 ET

Hong Kong Stock Midday Review | Hang Seng Index falls 0.39% while ZTE AH Stocks rise against the trend.

ZTE (00763) AH Stocks rise as high demand for computing power continues. Institutions are bullish on the company's ability to achieve a new round of growth.

Zhitong FinanceDec 16 23:00 ET

Hong Kong stocks are moving | ZTE (00763) AH Stocks are rising as demand for computing power continues, Institutions are bullish on the company achieving a new round of growth.

ZTE (00763) AH Stocks rose collectively in the morning session. As of the time of reporting, A Shares increased by 8.45%, reaching 34 Hong Kong dollars; H Shares rose by 6.19%, closing at 20.6 Hong Kong dollars, with a trading volume of 0.472 billion Hong Kong dollars.

Zhitong FinanceDec 16 21:03 ET

ZTE (000063.SZ): ZTE Microelectronics is not involved in the production and manufacturing of chips.

On December 13, the company stated on the investor interaction platform that ZTE Corporation (000063.SZ) focuses on the research and development and design of chips through its wholly-owned subsidiary, ZTE Microelectronics, and does not engage in the production and manufacturing of chips. ZTE Microelectronics, leveraging its years of chip R&D experience, has products covering all areas of the ICT industry, including "computing power, network, and terminal," ensuring the leading technological position of the company's main product lines. Among them, the chips developed for the "end" side by ZTE Microelectronics, which have attributes of the general Consumer market, are sold externally, mainly including PON ONU chips (primarily used for fiber broadband access products) and mobile terminals.

Gelonghui FinanceDec 13 03:55 ET