Hong Kong stocks movement | ZTE (00763) rose over 6%, ASIC chip expected to break through, Goldman Sachs is bullish on the company's growth potential.

ZTE (00763) rose more than 6%, as of the time of writing, it increased by 6.25%, priced at 24.65 Hong Kong dollars, with a transaction volume of 0.552 billion Hong Kong dollars.

Zhitong Finance01:06 ET

Goldman Sachs: Maintains a "Neutral" rating on ZTE (00763), with the Target Price raised to HKD 28.8.

Goldman Sachs raised ZTE's earnings forecast for 2025-2026 by 0.5%/2.5%/2.1% respectively.

Zhitong Finance21:19 ET

Zhitong Hong Kong Stock Analysis | Real estate may welcome a policy bottom, and the entertainment industry is performing well.

The Hong Kong stock market opened lower and continued to decline, lingering at low levels throughout the day, closing down another 1%.

Zhitong FinanceJan 13 07:40 ET

In 2024, there are 3 A-share companies listed in Hong Kong, 5 companies have submitted applications, and 12 companies have made announcements.

Since ZTE (00763) first listed in Hong Kong as an A-share company on October 9, 2004, by the end of 2024, a total of 47 A-share listed companies have issued H-shares for listing in Hong Kong.

Zhitong FinanceJan 13 01:03 ET

Capital trends | Northbound funds purchased nearly 6 billion HKD worth of Tencent, while selling Meituan and ANTA SPORTS.

Track the latest dynamics of southbound capital.

Gelonghui FinanceJan 9 07:42 ET

Express News | JPMorgan Chase & Co's Long Position in H-Shares of ZTE Corp Decreases to 5.65% on Jan 3 From 6.25% - HKEX

ReutersJan 9 04:15 ET