0763.HK - ZTE Corporation

HKSE - HKSE Delayed Price. Currency in HKD
14.840
-0.680 (-4.38%)
At close: 4:08PM HKT
Stock chart is not supported by your current browser
Previous Close15.520
Open15.580
Bid14.820 x 0
Ask14.840 x 0
Day's Range14.700 - 15.580
52 Week Range9.560 - 31.950
Volume13,709,786
Avg. Volume13,093,845
Market Cap76.573B
Beta (3Y Monthly)1.40
PE Ratio (TTM)11.36
EPS (TTM)1.307
Earnings DateN/A
Forward Dividend & Yield0.38 (2.43%)
Ex-Dividend Date2018-07-04
1y Target Est16.23
  • Japan rules out asking private firms to avoid telecoms gear that could be malicious
    Reuters3 days ago

    Japan rules out asking private firms to avoid telecoms gear that could be malicious

    Japan's government has no plan to ask private companies to avoid buying telecommunications equipment that could have malicious functions, such as information leakage, its top spokesman, Yoshihide Suga, ...

  • Don’t Worry About a U.S. Component Ban on Huawei
    Bloomberg4 days ago

    Don’t Worry About a U.S. Component Ban on Huawei

    A U.S. ban on the use of Huawei equipment by telecom providers wouldn’t be a huge loss to the telecom equipment maker, as I wrote on Tuesday, because the Americas as a region accounts for less than 7 percent of revenue. While the company is technologically more robust than smaller compatriot ZTE Corp. — which has already faced and ultimately escaped such sanctions — cutting Huawei off from U.S. semiconductors would be a crippling move. The firm is yet to become fully independent of U.S. components.

  • Don’t Worry About a U.S. Component Ban on Huawei
    Bloomberg4 days ago

    Don’t Worry About a U.S. Component Ban on Huawei

    A U.S. ban on the use of Huawei equipment by telecom providers wouldn’t be a huge loss to the telecom equipment maker, as I wrote on Tuesday, because the Americas as a region accounts for less than 7 percent of revenue. While the company is technologically more robust than smaller compatriot ZTE Corp. — which has already faced and ultimately escaped such sanctions — cutting Huawei off from U.S. semiconductors would be a crippling move. The firm is yet to become fully independent of U.S. components.

  • Reuters6 days ago

    China's Huawei executive bail hearing adjourned to Tuesday

    A Canadian provincial court on Monday adjourned without deciding the fate of a top executive of Huawei Technologies Co Ltd after she appeared in a Vancouver court in relation to an extradition case following ...

  • China's Huawei executive seeks bail in U.S. extradition case
    Reuters6 days ago

    China's Huawei executive seeks bail in U.S. extradition case

    A Canadian provincial court on Monday weighed whether to grant bail to a top executive of one of the world's biggest telecommunications companies, Huawei Technologies [HWT.UL], while she awaits a ruling on extradition to the United States. U.S. prosecutors want Chief Financial Officer Meng Wanzhou to be extradited to face accusations she misled multinational banks about Huawei's control of a company operating in Iran, putting the banks at risk of violating U.S. sanctions which would incur severe penalties, court documents said. Meng's lawyers told the court high-tech surveillance devices would ensure their client does not flee and proposed a C$15 million ($11.3 million) bail guarantee for her release.

  • Japan government to halt buying Huawei, ZTE equipment: sources
    Reuters9 days ago

    Japan government to halt buying Huawei, ZTE equipment: sources

    Japan plans to ban government purchases of equipment from China's Huawei Technologies Co Ltd and ZTE Corp to beef up its defenses against intelligence leaks and cyber attacks, sources told Reuters. Chinese tech companies are under intense scrutiny from Washington and some prominent allies over ties to the Chinese government, driven by concerns they could be used by Beijing for spying. A government ban in Japan will come after Huawei has already been locked out of the U.S. market and after Australia and New Zealand have blocked it from building 5G networks.

  • Reuters9 days ago

    Japan government to halt buying Huawei, ZTE equipment: sources

    Japan plans to ban government purchases of equipment from China's Huawei Technologies Co Ltd and ZTE Corp (HKSE:0763.HK - News) (Shenzhen:000063.SZ - News) to beef up its defenses against intelligence leaks and cyber attacks, sources told Reuters. Chinese tech companies are under intense scrutiny from Washington and some prominent allies over ties to the Chinese government, driven by concerns they could be used by Beijing for spying. A government ban in Japan will come after Huawei has already been locked out of the U.S. market and after Australia and New Zealand have blocked it from building 5G networks.

  • Reuters9 days ago

    China expresses concern over reported Japan government ban on Huawei, ZTE

    China's Foreign Ministry said on Friday that it was seriously concerned over reports that Japan plans to ban government purchases of equipment from China's Huawei Technologies Co Ltd and ZTE Corp. Ministry ...

  • The Wall Street Journal9 days ago

    [$$] Japanese Government Edges Closer to Restrictions on Huawei and ZTE

    On Friday, government officials said a meeting was planned for as soon as Monday at which they would discuss possible ways to lower the risk of infiltration of government agencies via imported equipment. The changes under discussion wouldn’t name individual companies, they said. The Yomiuri daily newspaper earlier reported that Japan has effectively decided to ban Huawei and ZTE equipment from being used in government contracts.

  • Huawei Effect Threatens China’s Spy-Tech Champion
    Bloomberg9 days ago

    Huawei Effect Threatens China’s Spy-Tech Champion

    In August, President Donald Trump signed a law that forbade U.S. government agencies from buying surveillance products from Chinese firms including Hikvision, ZTE Corp. and Huawei Technologies Co. In September, the New York Times reported that the U.S. was considering sanctions against companies and Chinese officials over Beijing’s detention of thousands of ethnic Uighurs and other Muslim minorities in internment camps. Xinjiang, the western region where this is happening, is dotted with Hikvision cameras. The arrest of Huawei’s Chief Financial Officer (and the daughter of its founder) Meng Wanzhou over potential violations of U.S. sanctions on Iran brings all this to a head.

  • Huawei Effect Threatens China’s Spy-Tech Champion
    Bloomberg9 days ago

    Huawei Effect Threatens China’s Spy-Tech Champion

    In August, President Donald Trump signed a law that forbade U.S. government agencies from buying surveillance products from Chinese firms including Hikvision, ZTE Corp. and Huawei Technologies Co. In September, the New York Times reported that the U.S. was considering sanctions against companies and Chinese officials over Beijing’s detention of thousands of ethnic Uighurs and other Muslim minorities in internment camps. Xinjiang, the western region where this is happening, is dotted with Hikvision cameras. The arrest of Huawei’s Chief Financial Officer (and the daughter of its founder) Meng Wanzhou over potential violations of U.S. sanctions on Iran brings all this to a head.

  • Exclusive: U.S. probe of China's Huawei includes bank fraud accusations: sources
    Reuters9 days ago

    Exclusive: U.S. probe of China's Huawei includes bank fraud accusations: sources

    Chinese telecoms giant Huawei Technologies Co Ltd's chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to people familiar with the probe. The United States has been looking since at least 2016 into whether Huawei shipped U.S.-origin products to Iran and other countries in violation of U.S. export and sanctions laws, Reuters reported in April. More recently, the probe has included whether the company used HSBC Holdings Plc to conduct illegal transactions involving Iran, the people said.

  • Exclusive: U.S. probe of China's Huawei includes bank fraud accusations: sources
    Reuters9 days ago

    Exclusive: U.S. probe of China's Huawei includes bank fraud accusations: sources

    Chinese telecoms giant Huawei Technologies Co Ltd's chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to people familiar with the probe. The United States has been looking since at least 2016 into whether Huawei shipped U.S.-origin products to Iran and other countries in violation of U.S. export and sanctions laws, Reuters reported in April. More recently, the probe has included whether the company used HSBC Holdings Plc to conduct illegal transactions involving Iran, the people said.

  • Japan to bar Huawei, ZTE from government procurement contracts: sources
    Reuters9 days ago

    Japan to bar Huawei, ZTE from government procurement contracts: sources

    Japan plans to ban government purchases of equipment from China's Huawei Technologies Co Ltd and ZTE Corp, a person with direct knowledge and a person briefed on the matter told Reuters on Friday. The ...

  • Canada PM says government played no role in Huawei executive's arrest
    Reuters10 days ago

    Canada PM says government played no role in Huawei executive's arrest

    Canadian Prime Minister Justin Trudeau on Thursday said his government had no involvement in the arrest of a top executive from Chinese technology giant Huawei, who was detained at Vancouver airport. Trudeau said Ottawa had been given a few days' advance notice about the plan to arrest Meng Wanzhou, who faces extradition to the United States. The news pummeled stock markets already nervous about increased tension between the United States and China and prompted experts to predict that Beijing would retaliate against Canada.

  • Top Huawei executive arrested on U.S. request, clouding China trade truce
    Reuters10 days ago

    Top Huawei executive arrested on U.S. request, clouding China trade truce

    VANCOUVER/BEIJING (Reuters) - The daughter of Huawei's founder, a top executive at the Chinese technology giant, was arrested in Canada and faces extradition to the United States, stirring up fears it could reignite a Sino-U.S. trade row and roiling global stock markets. The arrest of Meng Wanzhou, 46, who is Huawei Technologies Co Ltd's chief financial officer, threatens to drive a wedge between the United States and China just days after they agreed a 90-day trade war truce in Argentina on Saturday - the day she was detained. Meng's arrest, revealed late on Wednesday by Canadian authorities, is related to U.S. sanctions, a person familiar with the matter said.

  • U.S. Nabbing Huawei Is the Dog That Caught the Car
    Bloomberg10 days ago

    U.S. Nabbing Huawei Is the Dog That Caught the Car

    Huawei is one of the world’s largest makers of telecom equipment, China’s most important technology company, and a national hero. The arrest of a senior executive at such a marquee company, over potential violations of U.S. sanctions on Iran, threatens to intensify the U.S.-China trade conflict just days after leaders had agreed a truce. Meng was arrested Dec. 1 in Vancouver — the same day that U.S. President Donald Trump and his Chinese counterpart Xi Jinping met in Buenos Aires.

  • Here Are China's Biggest Stock Winners From U.S. Trade Thaw
    Bloomberg13 days ago

    Here Are China's Biggest Stock Winners From U.S. Trade Thaw

    (Bloomberg) -- Telecom, tech, auto companies and shipping firms are among the biggest gainers in China and Hong Kong after the trade truce between Washington and Beijing.

  • U.S. senators ask White House to probe ZTE work in Venezuela
    Reuters18 days ago

    U.S. senators ask White House to probe ZTE work in Venezuela

    Two U.S. senators on Wednesday asked the Trump administration to investigate whether Chinese telecommunications company ZTE Corp violated U.S. sanctions by helping Venezuela set up a database that monitors the behavior of its citizens. In a letter, Senators Chris Van Hollen and Marco Rubio asked the U.S. secretaries of state, treasury and commerce to determine whether ZTE worked with individuals cited by U.S. sanctions, used U.S. components unlawfully or helped Venezuela's government flout democratic processes or human rights.

  • The Wall Street Journal23 days ago

    [$$] U.S. Push on Huawei Ripples Through Markets

    ZTE Corp. shares fell sharply Friday and Chinese stocks retreated more broadly as news that the U.S. was discouraging sales of Chinese telecoms gear abroad exacerbated trade concerns. Meanwhile, shares in Ericsson AB of Sweden and Finland’s Nokia Corp., two big competitors of Huawei Technologies Co. and ZTE, rose in European trading, getting a lift from the report. Jeroen Blokland, a portfolio manager at Dutch asset manager Robeco, pointed to escalating U.S.-China trade tensions ahead of next week’s Group of 20 meeting as one reason for the Shanghai Composite’s 2.5% drop Friday.

  • The Wall Street Journal23 days ago

    Washington Asks Allies to Drop Huawei

    The U.S. government has initiated an extraordinary outreach campaign to foreign allies, trying to persuade wireless and internet providers in these countries to avoid telecommunications equipment from China’s Huawei Technologies Co., according to people familiar with the situation. American officials have briefed their government counterparts and telecom executives in friendly countries where Huawei equipment is already in wide use, including Germany, Italy and Japan, about what they see as cybersecurity risks, these people said. The U.S. is also considering increasing financial aid for telecommunications development in countries that shun Chinese-made equipment, some of these people say.

  • U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall
    Reuters23 days ago

    U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall

    The move would further pile pressure on the world's biggest telecom gear maker, which is under scrutiny from Western intelligence agencies for its perceived ties to China's government and the possibility its equipment could be used for espionage. U.S. officials have reached out to their government counterparts and telecom executives in friendly countries where Huawei equipment is already in wide use about what they see as cybersecurity risks, according to the WSJ report, which cited unnamed people familiar with the situation.

  • The Wall Street Journallast month

    [$$] Huawei, Still Big in Britain, Faces New Scrutiny

    LONDON—The U.K. government is reviewing the makeup of its telecommunications-equipment market—a move that executives say ratchets up scrutiny of China’s Huawei Technologies Co. The letter didn’t single out any specific company by name, but executives at businesses that received the letter said it was clear to them that Huawei was the target. Until recently, Britain was a welcoming market for Huawei.

  • The Wall Street Journal2 months ago

    [$$] U.S. to Restrict Chinese Chip Maker From Doing Business With American Firms

    The U.S. has raised the stakes in a battle with Beijing over intellectual property by restricting American firms from doing business with a state-owned Chinese chip maker that Micron Technology Inc. has accused of stealing its secrets. Citing national and economic security concerns, the Commerce Department said Monday that it will begin restricting American companies from selling software and technology goods to Fujian Jinhua Integrated Circuit Co., a semiconductor startup into which the Chinese government has been pouring money as part of an effort to build its own chip industry.

  • The Wall Street Journal2 months ago

    [$$] ZTE Profits Sink, But Sales Are Recovering 'Rapidly' After U.S. Ban

    Corp., the Chinese telecom giant rescued from collapse by the Trump administration, eked out a profit in its most recent quarter and said business is “rapidly recovering” after a ban on it buying from U.S. suppliers ended earlier this year. The company said its business was bouncing back quickly following a devastating three-month ban on purchasing parts from U.S. suppliers this summer, which forced it to suspend operations. The U.S. Commerce Department ordered the ban in April after finding the company had broken terms of a deal resolving ZTE’s violations of U.S. sanctions on Iran and North Korea.