On June 26, ZTE Corporation fell 3.85% in regular trading, trading at HK$23.62/share, with turnover of HK$76.95 million.

On the news front, the communications equipment sector experienced another broad selloff, with YOFC down 9.18%, Transtech down 10.34%, and CIG down 4.62%, as the prior session's partial recovery failed to sustain momentum. Sector-wide weakness dragged down individual stock performance through industry resonance.

Additionally, JPMorgan continued to reduce its holdings in ZTE H shares, with the latest position ratio declining from 7.05% to 6.82% as of June 19, reflecting an increasingly cautious stance from foreign institutional investors. The company's Q1 net profit attributable to shareholders declined 46.58% year-over-year, with non-recurring adjusted net profit falling 52.16%, maintaining fundamental pressure on valuations. The confluence of sector headwinds, institutional selling, and earnings deterioration collectively weighed on the share price.

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