Movement Alert｜ZTE Corporation Rises 3.44% in Regular Trading, WAIC Full-Stack AI Showcase Combined with Buyback Completion Boosts Sentiment

Market Focus

Jul 22

On July 22, ZTE Corporation (00763.HK) rose 3.44% in regular trading, trading at 25.32 HKD/share, with turnover of approximately HKD 200 million. Multiple catalysts continue to support the stock's recovery trajectory.

On the news front, ZTE showcased its full-stack AI layout at the recently concluded WAIC 2026 conference, unveiling innovations including its proprietary AIOS operating system, the second-generation Douban AI Agent smartphone, and a humanoid robot matrix — covering a complete AI ecosystem from underlying computing power to terminal applications. Additionally, the company announced completion of its RMB 1 billion A-share buyback program, having repurchased approximately 28.66 million shares (0.6% of total share capital), with shares earmarked for employee stock ownership plans or equity incentives. The stock was further buoyed by earlier reports that ZTE secured U.S. approval to purchase AI chips from Nvidia and AMD, a development seen as strengthening its AI competitive positioning.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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