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The FTSE China 50 Index includes GTJA (02611.HK) and ZTE (00763.HK), while excluding Shenhua (01088.HK) and China Tourism Group Duty Free Corporation (01880.HK).
The index compiler FTSE Russell announced quarterly changes to the FTSE China series indexes, which will take effect after the market opens on March 24. The FTSE China 50 Index will include GTJA (02611.HK) and ZTE (00763.HK), while excluding Shenhua (01088.HK) and China Tourism Group Duty Free Corporation (01880.HK). The FTSE China A50 Index will include Cambricon (688256.SH), China United Network Communications (600050.SH), and GTJA (601211.SH), while excluding CGN Power Co.,Ltd. (003816.SZ).
First appearance! This year's new terms in the 'Government Work Report'.
On March 5, the third session of the 14th National People's Congress opened. Embodied intelligence, 6G, Siasun Robot&Automation, and zero-based budget reform are new terms introduced for the first time in the government work report.
BOCOM INTL listed the top 10 stocks with the highest net Buy in the Hong Kong Stock Connect last week (table).
BOCOM INTL released a report listing the top 10 stocks in Hong Kong with the highest net purchases from the Connect Scheme last week: Stock │ Net Buy (HKD) │ Latest Position Shareholding Percentage │ Change Since Last Week Alibaba-W (09988.HK) │ 20.92 billion HKD │ 6.8% │ 0.9% Tencent (00700.HK) │ 7.55 billion HKD │ 11.3% │ 0.1% Xiaomi-W (01810.HK) │ 4.07 billion HKD │ 16.3% │ 0.2% Li Auto-W (02015.HK) │ 2.53 billion HKD │ 13.7% │ 1.5% SMIC (00981.HK) │ 1.75 billion HKD │ 2
Citi upgraded ZTE (00763.HK) Target Price to 33 yuan with a rating of 'outperforming the market'.
Jianyin International released a research report stating that ZTE (00763.HK) is expected to have a full-year revenue of 121.3 billion yuan in the fiscal year 2024, representing a 2% year-on-year decline, which is below expectations. The gross margin is expected to narrow by 3.6 percentage points to 37.9%, and the net profit is anticipated to drop by 10% to 8.4 billion yuan, also below expectations. The report noted that if Chinese network service providers continue to have strong demand for computing this year, government and enterprise sales revenue is expected to increase by 15% year-on-year this year and by 11% next year. The report predicts that the group's consumer business revenue will each increase by 9% this year and next year, raising the Target Price from 23.8 yuan to 33 yuan.
ZTE Benadrukt "Catalyzing Intelligent Innovation" Op MWC Barcelona 2025, Waarbij De Kracht Van AI Wordt Benut
ZTE Reinforces Global Leadership in 5G FWA & MBB at MWC Barcelona 2025