Movement Alert｜ZTE Corporation Rises 3.42% in Regular Trading, Global First AI Agent Smartphone Set to Debut at WAIC

Market Focus07-13

On July 13, ZTE Corporation rose 3.42% in regular trading, trading at HK$26.62/share, with turnover of HK$81.76 million, extending the previous week's strong momentum.

On the news front, ZTE officially announced that the global first AI agent smartphone will make its debut at the World Artificial Intelligence Conference (WAIC) scheduled for July 17-20. The product is the second-generation Nubia-branded AI phone, with an expected retail price exceeding RMB 4,000. ZTE's Terminal Business Division President Ni Fei stated that the next phase of AI smartphones will transition from feature stacking to native intelligent agents, addressing the pain point of users having to jump between multiple apps to complete tasks.

Morgan Stanley previously indicated that ZTE is approaching a key inflection point. Additionally, UBS increased its holdings by 636,200 H shares on July 2 at approximately HK$22.62 per share, raising its stake to 8.03%, signaling continued institutional confidence ahead of the product launch catalyst.

(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.)

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.

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