On August 12, ZTE rose 3.46% in regular trading, reaching HKD 25.08 per share, with turnover of HKD 134 million.

The rally was driven by broad strength across the 6G AI-RAN sector, with peers including ZJ Innolight up 8.44%, CIG up 8.56%, and YOFC up 7.77%. Simultaneously, the company's board is scheduled to convene on August 21 to review and approve interim results for the six months ending June 30, creating near-term earnings anticipation.

On the institutional front, Citigroup recently raised its H-share long position to 5.13%, while UBS Group increased its stake to 8.48% in late July, signaling continued foreign institutional confidence in the company's medium-to-long-term value. Additionally, the company recently repurchased 4.1 million A-shares at RMB 35.31 per share, further supporting market sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)