ZTE Shares Surge Over 6% Before Noon as Institutions Foresee AI-Driven Growth Prospects in Intelligent Computing

Deep News04-22

ZTE Corporation (00763) rose more than 6% before noon. As of the latest update, the stock climbed 6.49% to HKD 25.26, with a turnover of HKD 560 million.

Additionally, Yongxing Securities noted that by 2025, the company will focus on dual drivers of "technology + application scenarios," seizing growth opportunities in intelligent computing investments. This is expected to drive leapfrog revenue growth and become a new engine for the company’s income expansion. In the server and storage segment, ZTE has comprehensive coverage of leading clients in the internet industry. The securities firm expressed optimism about the growth opportunities for ZTE in the intelligent computing field, propelled by the AI wave.

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