On July 20, ZTE Corporation rose 3.2% in regular trading, trading at 23.62 HKD/share with turnover of 110 million HKD. The rebound coincides with the ongoing World Artificial Intelligence Conference (WAIC) in Shanghai, where the company is showcasing its first AI Agent Phone under the Nubia brand, developed in collaboration with ByteDance's Doubao team.

The device, positioned as a mass-market flagship with initial inventory of up to 100,000 units and total preparation reaching 200,000 units, represents the company's strategic all-in pivot toward native AI smartphones. Meanwhile, ZTE subsidiary Kangxun Telecom recently secured US approval to purchase Nvidia H200 chips, easing supply chain constraints for its AI computing business and supporting its broader AI strategy. Nubia's Doubao Phone AI model also completed regulatory filing with China's Cyberspace Administration, clearing the path for commercial deployment.

(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.)