On July 29, ZTE rose 3.07% in regular trading, trading at 24.9 HKD/share, with turnover of 4.67 billion HKD, rebounding notably from the previous session's 3.01% decline.
On the news front, July 29 marks the company's A-share ex-dividend date (4.11 yuan cash per 10 shares), with market fill-right expectations boosting cross-market sentiment. Additionally, the company recently completed its approximately 1 billion yuan A-share buyback program, repurchasing 28.66 million shares. During the World Artificial Intelligence Conference, ZTE unveiled the NaviX Ultra, billed as the world's first AI agent smartphone featuring Doubao AI phone assistant integration. Guojin Securities previously assigned a Buy rating, projecting revenue of 172.8/213.0/250.1 billion yuan for the next three years with an EPS outlook of 1.54/1.93/2.07 yuan, citing a connectivity-plus-computing dual-engine growth thesis. Multiple positive factors converged to support the stock's stabilization and rebound from the prior session's decline.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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