0763.HK - ZTE Corporation

HKSE - HKSE Delayed Price. Currency in HKD
15.300
-0.580 (-3.65%)
At close: 4:08PM HKT
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Previous Close15.880
Open15.940
Bid15.280 x 0
Ask15.300 x 0
Day's Range15.100 - 16.000
52 Week Range9.560 - 33.200
Volume15,780,796
Avg. Volume12,596,681
Market Cap80.305B
Beta (3Y Monthly)1.23
PE Ratio (TTM)11.71
EPS (TTM)1.307
Earnings DateN/A
Forward Dividend & Yield0.38 (2.48%)
Ex-Dividend Date2018-07-04
1y Target Est15.78
  • Reuters1 hour ago

    Special Report: How ZTE helps Venezuela create China-style social control

    In April 2008, former Venezuelan President Hugo Chavez dispatched Justice Ministry officials to visit counterparts in the Chinese technology hub of Shenzhen. There, at the headquarters of Chinese telecom giant ZTE Corp, they learned how China, using smart cards, was developing a system that would help Beijing track social, political and economic behavior. Using vast databases to store information gathered with the card's use, a government could monitor everything from a citizen's personal finances to medical history and voting activity.

  • China says U.S. controls on semiconductor firm break WTO rules
    Reutersyesterday

    China says U.S. controls on semiconductor firm break WTO rules

    The U.S. decision to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a U.S. monopoly, China told a WTO meeting on Tuesday. Last month the U.S. Commerce Department put Fujian Jinhua Integrated Circuit Co Ltd on a list of entities that cannot buy components, software and technology goods from U.S. firms. U.S. semiconductor company Micron Technology Inc (MU.O), a maker of memory chips with factories in Virginia and Utah, has accused Jinhua and Taiwanese partner United Microelectronics Corp of stealing its chip designs in a lawsuit in California.

  • Financial Times7 days ago

    [$$] Security flaws discovered at world’s largest drone maker DJI

    Cyber security experts found security flaws in the software of DJI, the world’s largest commercial drone maker, which put data collected by drones and usage patterns of individual drones at risk of being accessed by intruders. Check Point, the California-based security company, and DJI said the bug had been fixed, but the announcement may re-ignite discussions in the US over potential risks of using drones from the China-based manufacturer. In a pattern similar to the US government’s warnings about Chinese telecoms gear makers Huawei and ZTE, the US Army in August last year ordered an immediate end to using any DJI drones, citing classified internal research on technology threats and user vulnerabilities of DJI products.

  • The Wall Street Journal8 days ago

    [$$] Huawei, Still Big in Britain, Faces New Scrutiny

    LONDON—The U.K. government is reviewing the makeup of its telecommunications-equipment market—a move that executives say ratchets up scrutiny of China’s Huawei Technologies Co. The letter didn’t single out any specific company by name, but executives at businesses that received the letter said it was clear to them that Huawei was the target. Until recently, Britain was a welcoming market for Huawei.

  • Financial Times8 days ago

    [$$] UK warns telecoms groups to check security of 5G suppliers

    The UK has warned its telecoms companies to consider their suppliers carefully as they build 5G networks, in a move that industry figures said was targeted at Huawei, the Chinese equipment maker. Matthew Gould, the head of digital policy at the Department for Digital, Culture, Media and Sport, and Ciaran Martin, the head of the National Cyber Security Centre, wrote to several telecoms companies warning them that their 5G supply chain may be affected by a review of the UK’s telecoms infrastructure that was launched in July. It did not mention Huawei by name, but said the “outcome of the review may lead to changes in the current rules” and that the companies “will need to take the review into consideration in any procurement decisions”.

  • Reuters11 days ago

    Chinese chip firm Fujian Jinhua denies stealing IP from Micron

    Chinese chipmaker Fujian Jinhua Integrated Circuit Co Ltd said on Saturday it has not stolen any technology, after the U.S. Justice Department indicted the state-back firm for stealing trade secrets. The U.S. Justice Department on Thursday indicted Fujian Jinhua, Taiwan's United Microelectronics Corp and three individuals for conspiring to steal trade secrets from U.S. semiconductor company Micron Technology Inc relating to its research and development of memory storage devices. Earlier in the week, U.S. President Donald Trump's administration took action to cut Fujian Jinhua off from U.S. suppliers.

  • U.S. restricts exports to Chinese semiconductor firm Fujian Jinhua
    Reuters15 days ago

    U.S. restricts exports to Chinese semiconductor firm Fujian Jinhua

    By David Lawder WASHINGTON (Reuters) - U.S. President Donald Trump's administration took action on Monday to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole ...

  • The Wall Street Journal16 days ago

    [$$] U.S. to Restrict Chinese Chip Maker From Doing Business With American Firms

    The U.S. has raised the stakes in a battle with Beijing over intellectual property by restricting American firms from doing business with a state-owned Chinese chip maker that Micron Technology Inc. has accused of stealing its secrets. Citing national and economic security concerns, the Commerce Department said Monday that it will begin restricting American companies from selling software and technology goods to Fujian Jinhua Integrated Circuit Co., a semiconductor startup into which the Chinese government has been pouring money as part of an effort to build its own chip industry.

  • The Wall Street Journal20 days ago

    [$$] ZTE Profits Sink, But Sales Are Recovering 'Rapidly' After U.S. Ban

    Corp., the Chinese telecom giant rescued from collapse by the Trump administration, eked out a profit in its most recent quarter and said business is “rapidly recovering” after a ban on it buying from U.S. suppliers ended earlier this year. The company said its business was bouncing back quickly following a devastating three-month ban on purchasing parts from U.S. suppliers this summer, which forced it to suspend operations. The U.S. Commerce Department ordered the ban in April after finding the company had broken terms of a deal resolving ZTE’s violations of U.S. sanctions on Iran and North Korea.

  • Reuters20 days ago

    China's ZTE Corp posts third-quarter profit, expects full-year loss

    Chinese telecoms equipment maker ZTE Corp posted a third-quarter net profit of 564 million yuan ($81 million) after resuming business in the wake of crippling U.S. sanctions, but said it still expects to post a loss of up to 7.2 billion yuan for the full year. The world's fourth-largest telecommunications equipment maker by market share posted its worst half-year loss of 7.8 billion yuan in August due to U.S. sanctions over violations of export restrictions. In its Thursday filing ZTE said it expects to make a loss of between 6.2 billion and 7.2 billion yuan for full-year 2018, compared with a profit of 4.57 billion in 2017.

  • Reuters20 days ago

    China's ZTE Corp posts third-quarter profit, expects full-year loss

    Chinese telecoms equipment maker ZTE Corp posted a third-quarter net profit of 564 million yuan ($81 million) after resuming business in the wake of crippling U.S. sanctions, but said it still expects to post a loss of up to 7.2 billion yuan for the full year. The world's fourth-largest telecommunications equipment maker by market share posted its worst half-year loss of 7.8 billion yuan in August due to U.S. sanctions over violations of export restrictions. In its Thursday filing ZTE said it expects to make a loss of between 6.2 billion and 7.2 billion yuan for full-year 2018, compared with a profit of 4.57 billion in 2017.

  • Bloomberg20 days ago

    ZTE's Profit Dives 65% as It Tries to Move Past U.S. Ban

    ZTE is recovering from a months-long U.S. Commerce Department ban on purchases of American technology, including components needed to produce its smartphones and networking equipment. Washington agreed to lift that moratorium -- punishment for violating and lying about sanctions on exports to Iran and North Korea -- only after ZTE agreed to replace its board and senior management and paid more than $1 billion in penalties. Investors however remain cautious on Chinese corporations as U.S. tensions escalate.

  • India to raise import tariffs on electronic and communication items
    Reuterslast month

    India to raise import tariffs on electronic and communication items

    NEW DELHI/MUMBAI (Reuters) - India said on Thursday it will raise import tariffs on several electronic items and communication devices, in another move to rein in imports and bolster a falling rupee. The tariff hike, the second such move by India in a two week span, was announced late on Thursday by New Delhi as it attempts to raise import barriers to curtail the import of goods it deems as "non-essential" items. The latest set of increased tariffs could ratchet up trade tensions with the United States and China, among other countries and hurt the likes of network equipment makers such as Cisco Systems Inc, Huawei Technologies Co, ZTE Corp, Ericsson, Nokia and Samsung Electronics.

  • The Wall Street Journallast month

    [$$] Chinese Tech Shares Tumble on Spying Concerns

    HONG KONG—The escalating trade fight between Washington and Beijing is sending a chill through investors in Chinese technology companies that sell to the U.S. Hong Kong-listed shares of Lenovo Group Ltd., the Chinese maker of PCs and servers, fell 15% on Friday, while shares of ZTE Corp., which makes smartphones and telecommunications equipment, shed 11%. A report in Bloomberg Businessweek on Thursday said Beijing spied on the U.S. using microchips inserted in computing components built for an array of American tech companies.

  • Chinese Chip Report Keeps Spooking Techs; Lenovo, Apple Fall Midday
    Investing.comlast month

    Chinese Chip Report Keeps Spooking Techs; Lenovo, Apple Fall Midday

    Investing.com - PC maker Lenovo fell sharply in midday trading as investors worried that a report about Chinese spying chips being planted in tech company systems would dent demand for Chinese tech products.

  • Lenovo and ZTE tumble on fears over China hack report
    Reuterslast month

    Lenovo and ZTE tumble on fears over China hack report

    Lenovo and ZTE Corp shares slid on Friday, hurt by worries about overseas sales after Bloomberg reported that the systems of multiple U.S. companies had been compromised by malicious computer chips inserted by Chinese spies. In a report published on Thursday, Bloomberg Businessweek cited 17 unidentified sources from intelligence agencies and businesses as saying that Chinese spies had placed computer chips inside equipment used by about 30 companies and multiple U.S. government agencies, which would give Beijing secret access to internal networks.

  • The Wall Street Journallast month

    [$$] Lenovo, ZTE, Tencent Shares Fall as Bad News Sweeps Tech Stocks in Asia

    Stocks in Asia slumped on Friday, adding to recent losses as rising global bond yields have made equity investors more cautious. Taiwan’s tech-heavy Taiex index dropped the most, declining nearly 2%, while benchmarks in Japan, South Korea and Hong Kong fell less than 1% apiece. Markets in mainland China were closed for a holiday.

  • China tech stocks Lenovo, ZTE tumble after chip hack report
    Associated Presslast month

    China tech stocks Lenovo, ZTE tumble after chip hack report

    HONG KONG (AP) — Chinese tech stocks Lenovo Group and ZTE Corp. tumbled in Hong Kong on Friday following a news report Chinese spies might have used chips supplied by another company to hack into U.S. computer systems.

  • The Wall Street Journallast month

    [$$] U.S. Judge Orders China’s ZTE to Two More Years of Monitoring

    A U.S. judge ordered ZTE Corp. to another two years of scrutiny by a court-appointed monitor, following the Chinese telecom giant’s violation of a settlement resolving charges that it dodged U.S. sanctions on Iran and North Korea. Judge Ed Kinkeade, a U.S. federal judge based in Dallas, also gave the monitor additional powers to investigate ZTE’s behavior and police its compliance with U.S. export-control laws. The order extends the court-appointed monitor’s term to 2022 from 2020.

  • Asian Markets Fall; HSI Underperforms as U.S. Extends Monitor Terms on ZTE
    Investing.comlast month

    Asian Markets Fall; HSI Underperforms as U.S. Extends Monitor Terms on ZTE

    Investing.com - Asian stocks traded mostly lower in afternoon trade on Thursday, with Hong Kong’s Hang Seng Index down more than 1.8% by 1:30AM ET (05:30 GMT).

  • Investing.comlast month

    U.S. Extends Monitor Term on China’s ZTE for Violating Probation

    Investing.com - U.S. Judge Ed Kinkeade in Dallas issued an order that said China’s ZTE Corp (HK:0763) violated probation imposed last March for attempting to evade U.S. sanctions, and extended its monitor term under U.S. export control laws till 2022. ZTE announced the probation changes on Thursday morning in Hong Kong.

  • U.S. judge says China's ZTE violated probation; extends monitor's term
    Reuterslast month

    U.S. judge says China's ZTE violated probation; extends monitor's term

    In his order, U.S. District Judge Ed Kinkeade in Dallas extended until 2022 the term of a monitor he appointed to assess ZTE's compliance with U.S. export control laws. ZTE is China's second-largest telecommunications equipment maker and relies on U.S. components for its smart phones and networking equipment.