ZTE Corporation (00763) saw its stock price surge by 5.06% during intraday trading on Thursday, reflecting strong investor confidence in the company's technological advancements.
The rally was driven by ZTE's progress in 6G satellite-terrestrial communication, including breakthroughs in NTN technology trials. The company has collaborated with domestic operators and satellite firms to develop comprehensive satellite payload products, positioning itself as a leader in future communication networks. Additionally, ZTE's role in integrating 5G-Advanced and AI with the Industrial Internet aligns with China's new industrialization push, further boosting its market appeal.
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