0763.HK - ZTE Corporation

HKSE - HKSE Delayed Price. Currency in HKD
26.750
+0.550 (+2.10%)
At close: 4:08PM HKT
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Previous Close26.200
Open26.500
Bid26.700 x 0
Ask26.750 x 0
Day's Range25.900 - 27.000
52 Week Range9.560 - 27.000
Volume17,540,820
Avg. Volume15,971,860
Market Cap145.632B
Beta (3Y Monthly)1.30
PE Ratio (TTM)N/A
EPS (TTM)-1.901
Earnings DateN/A
Forward Dividend & Yield0.38 (1.61%)
Ex-Dividend Date2018-07-04
1y Target Est16.54
  • U.S. intelligence says Huawei funded by Chinese state security: report
    Reutersyesterday

    U.S. intelligence says Huawei funded by Chinese state security: report

    The CIA accused Huawei of receiving funding from China's National Security Commission, the People's Liberation Army and a third branch of the Chinese state intelligence network, the British newspaper reported, citing a source. Earlier this year, U.S. intelligence shared its claims with other members of the Five Eyes intelligence-sharing group, which includes Britain, Australia, Canada and New Zealand, according to the report http://bit.ly/2KT7ztd. Huawei dismissed the allegations in a statement cited by the newspaper.

  • Reuters5 days ago

    UPDATE 4-U.S. Justice Department tells T-Mobile, Sprint it has concerns about merger deal -sources

    The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp it has concerns about their proposed $26 billion merger in its current structure, sources familiar with the matter said on Tuesday, although no final decision has been made. Sprint shares fell about 9 percent after the bell as investors increased bets the deal would not be completed following a Wall Street Journal report the merger is unlikely to be approved as currently structured. Shares of T-Mobile fell 4 percent.

  • Reuters6 days ago

    U.S. to press allies to keep Huawei out of 5G in Prague meeting -sources

    WASHINGTON/LONDON, April 15 (Reuters) - The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China's Huawei to dominate 5G telecommunications networks, according to people familiar with the matter and documents seen by Reuters. The event and broader U.S. campaign to limit the role of Chinese telecommunications firms in the build out of 5G networks comes as Western governments grapple with the national security implications of moving to 5G, which promises to be at least 100 times faster than the current 4G networks.

  • Elite U.S. school MIT cuts ties with Chinese tech firms Huawei, ZTE
    Reuters17 days ago

    Elite U.S. school MIT cuts ties with Chinese tech firms Huawei, ZTE

    MIT is the latest top educational institution to unplug telecom equipment made by Huawei and other Chinese companies to avoid losing federal funding. "MIT is not accepting new engagements or renewing existing ones with Huawei and ZTE or their respective subsidiaries due to federal investigations regarding violations of sanction restrictions," Maria Zuber, its vice president for research, said http://bit.ly/2K528XI in a letter on its website.

  • Reuters17 days ago

    UPDATE 4-Elite U.S. school MIT cuts ties with Chinese tech firms Huawei, ZTE

    The Massachusetts Institute of Technology has severed ties with Huawei Technologies and ZTE Corp as U.S. authorities investigate the Chinese firms for alleged sanctions violations, the school said on Wednesday. MIT is the latest top educational institution to unplug telecom equipment made by Huawei and other Chinese companies to avoid losing federal funding. "MIT is not accepting new engagements or renewing existing ones with Huawei and ZTE or their respective subsidiaries due to federal investigations regarding violations of sanction restrictions," Maria Zuber, its vice president for research, said http://bit.ly/2K528XI in a letter on its website.

  • CNW Group17 days ago

    ZTE Commended by Frost & Sullivan for Positioning itself at the Forefront of 5G Technology Development, Standardization, and Commercialization

    ZTE is the first vendor to integrate massive MIMO, one of the key technologies in 5G, into current 4G commercial networks SANTA CLARA, Calif. , April 4, 2019 /CNW/ -- Based on its recent analysis of the ...

  • Japan curbs on Chinese telecom firms could hurt ties, says China
    Reuters24 days ago

    Japan curbs on Chinese telecom firms could hurt ties, says China

    Japan's decision to curb government purchases from Chinese telecoms equipment makers Huawei Technologies and ZTE Corp could hurt bilateral ties if Tokyo's actions are deemed unfair, China's commerce ministry said on Thursday. Japan revised its procurement rules last year, introducing measures to strengthen security that were also a de facto ban on government purchases from Huawei and ZTE.

  • Reuters24 days ago

    UPDATE 1-Japan curbs on Chinese telecom firms could hurt ties, says China

    Japan's decision to curb government purchases from Chinese telecoms equipment makers Huawei Technologies and ZTE Corp could hurt bilateral ties if Tokyo's actions are deemed unfair, China's commerce ministry said on Thursday. Japan revised its procurement rules last year, introducing measures to strengthen security that were also a de facto ban on government purchases from Huawei and ZTE.

  • China Tech Bulls Pick Battles That Even Giants Can't Win
    Bloomberg24 days ago

    China Tech Bulls Pick Battles That Even Giants Can't Win

    ZTE Corp. and BYD Co. late Wednesday reported full-year earnings that missed estimates. Earlier in the month AAC Technologies Holdings Inc. had a similar situation. ZTE’s troubles are the most obvious.

  • Reuters28 days ago

    China refuses to concede on U.S. demands to ease curbs on tech firms-FT

    Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are scheduled to travel to Beijing for talks starting on March 28, the White House said on Saturday. The FT report https://on.ft.com/2JOKzer said Beijing had yet to offer "meaningful concessions" to U.S. requests for China to stop discriminating against foreign cloud computing providers, to reduce limits on overseas data transfers and to relax a requirement for companies to store data locally.

  • Reuterslast month

    Huawei leads Asian domination of U.N. patent applications in 2018

    Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday. Huawei, which has been under pressure since the United States demanded its allies bar Chinese vendors from participating in building 5G networks due to national security concerns, made 5,405 patent applications to the U.N. body, up from 4,024 in 2017. "It’s an all-time record by anyone," WIPO director general Francis Gurry told a news conference.

  • Reuterslast month

    UPDATE 1-Huawei pleads not guilty to U.S. charges in New York court

    China's Huawei Technologies Co Ltd on Thursday pleaded not guilty to a 13-count indictment filed in a New York federal court against the company, as tensions have ratcheted up between the U.S. and Beijing. Huawei, the world's largest telecommunications equipment maker, was charged with bank and wire fraud, violating sanctions against Iran and obstructing justice. The company's chief financial officer, Meng Wanzhou, was arrested in December in Canada on charges in the indictment, which was not unsealed until January.

  • The Wall Street Journallast month

    [$$] ZTE’s State Owner to Cut Its Stake

    HONG KONG—The state-backed owner of China’s ZTE Corp. is cutting its stake in the telecoms giant, which is recovering from a bruising run-in with U.S. authorities last year. ZTE, the world’s No. 5 maker of telecommunications equipment, lost billions of dollars in revenue when the U.S. Commerce Department barred it from buying components from the American tech companies it relies on. On Tuesday, ZTE’s controlling shareholder, Zhongxingxin, said it would sell up to 3% of ZTE’s shares outstanding, according to a regulatory filing.

  • Reuterslast month

    UPDATE 1-Sweden to tighten telco network security ahead of 5G roll out

    Sweden wants to tighten security requirements for mobile operators and suppliers of telecoms equipment, the minister for digital development said on Wednesday, amid global concerns about Chinese firms' role in supplying sensitive network gear. Authorities in the United States have alleged equipment made by China's Huawei Technologies could be exploited by Beijing for spying. The European Commission is considering a de facto ban.

  • ZTE Corp controlling shareholder plans 3 percent stake sale after stock rebound
    Reuterslast month

    ZTE Corp controlling shareholder plans 3 percent stake sale after stock rebound

    Chinese telecom equipment maker ZTE Corp's controlling shareholder plans to reduce its stake by as much as 3 percent after the stock more than doubled in value since surviving a U.S. sanction last year, showed regulatory filings late on Tuesday. ZTE in the filings said state-owned controlling shareholder Zhongxingxin Telecom plans to sell up to 2 percent in ZTE A-shares via block trades within 90 days. Zhongxingxin has also proposed to use not more than 41.9 million ZTE A-shares, or 1 percent of the company's total share capital, to subscribe for units in the ICBCCS SHSZ 300 exchange-traded fund.

  • Reuterslast month

    T-Mobile, Sprint chiefs to defend deal on Capitol Hill, again

    The chief executives of T-Mobile US Inc and Sprint Corp, which are seeking to merge, head back to Capitol Hill on Tuesday to defend their planned $26 billion deal. T-Mobile Chief Executive John Legere and Marcelo Claure, executive chairman of Sprint, will be the stars among the six witnesses who testify before the House of Representatives Judiciary Committee's Antitrust subcommittee. It had been contemplated several years ago, but officials in President Barack Obama's administration urged the companies to drop the idea, which they did.

  • Bloomberglast month

    Huawei’s Lawsuit Against U.S. Won’t Win in Court

    The legal arguments mounted in its brief aren’t based on existing precedent. The highly unusual lawsuit, filed last week in the Eastern District of Texas, reads more like a moral broadside directed at the U.S. Congress for naming Huawei as a Chinese-government affiliate and effectively blacklisting the company’s telecommunications equipment — and others who use it — from U.S. government contracts. It doesn’t seem like a fundamental rights violation for a government to refuse to do business with a company it sees as a potential national-security threat.

  • Reuterslast month

    UPDATE 6-Huawei fights back against U.S. blackout with Texas lawsuit

    HONG KONG/WASHINGTON, March 7 (Reuters) - Chinese telecoms equipment maker Huawei Technologies sued the U.S. government on Thursday, saying a law limiting its American business was unconstitutional, ratcheting up its fight back against a government bent on closing it out of global markets. Huawei said it had filed a complaint in a federal court in Texas challenging Section 889 of the National Defense Authorization Act (NDAA), signed into law by U.S. President Donald Trump in August, which bars federal agencies and their contractors from procuring its equipment and services. The lawsuit marks the latest confrontation between China and the United States, which spent most of 2018 slapping import tariffs on billions of dollars worth of each other's goods.