On August 18, ZTE (00763.HK) fell 3.19% in regular trading, trading at 24.98 HKD/share, with turnover of 94.39 million HKD. The stock had risen over 3% in the previous session, making today's decline a notable pullback.
On the news front, the company is scheduled to hold a board meeting on August 21 to review and approve interim results for the six months ending June 30, intensifying market speculation around earnings expectations. The company's full-year net profit for 2025 was 5.618 billion yuan, down 33.32% year-over-year, making confirmation of a profit recovery in the interim report a key variable. Meanwhile, Q1 results showed revenue of 34.99 billion yuan (+6.13% YoY) but attributable net profit of 1.31 billion yuan (-46.58% YoY), adding uncertainty. Institutional positioning remains divided, with UBS recently raising its long position to 8.48% while JPMorgan reduced its stake from 6.59% to 5.61%. Consensus forecasts project full-year net profit of 6.84 billion yuan, up 21.73%.
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