** HK shares of ZTE Corp 0763.HK fall 5.9% to HK$24.55; on course for biggest one-day pct drop since April 7
** Stock hits lowest since July 11
** Shenzhen-listed stock 000063.SZ falls 2.8% to 33.51 yuan, lowest since July 17
** Chinese communications and IT solutions group proposed to issue 3.584 bln yuan ($499.3 mln) USD-settled zero coupon convertible bonds due 2030, to raise funds for enhancing R&D investments in computility tech
** Bonds convertible into 129.73 mln H-shares, or 14.65% of enlarged H-shares capital, at HK$30.25
** YTD, Hong Kong stock up 1.4% while Shenzhen shares down 16.5%
($1 = 7.1784 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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