ZTE (00763) shares rose more than 6% in early trading. At the time of writing, the stock was up 5.97% to HK$27, with a turnover of HK$499 million.
On July 15th, the Cyberspace Administration of China released an announcement listing seven mobile device-side generative AI services that have completed the required filing process. Among them was the Nubia Doubao mobile large model from ZTE's smartphone brand, Nubia.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments