--- title: "Understanding the Market | ZTE's stock price rose over 8% in early trading, reaching a new historical high again" description: "ZTE's stock price rose more than 8% in early trading, reaching a historic high of HKD 43.88, and is currently reported at HKD 42.9, with a transaction volume of HKD 2.855 billion. Guosen Securities po" type: "news" locale: "en" url: "https://longbridge.com/en/news/260548146.md" published_at: "2025-10-10T03:41:05.000Z" --- # Understanding the Market | ZTE's stock price rose over 8% in early trading, reaching a new historical high again > ZTE's stock price rose more than 8% in early trading, reaching a historic high of HKD 43.88, and is currently reported at HKD 42.9, with a transaction volume of HKD 2.855 billion. Guosen Securities pointed out that ZTE is a globally scarce provider of end-to-end DICT communication equipment solutions and is expected to benefit from the development of AI. The company's market share in the server market for telecom operators is 21%, and it has self-developed 5nm process CPU chips According to Zhitong Finance APP, ZTE Corporation (00763) rose more than 8% in early trading, reaching a historical high of HKD 43.88. As of the time of publication, it was up 6.08%, trading at HKD 42.9, with a transaction volume of HKD 2.855 billion. In terms of news, Guosen Securities believes that ZTE is a globally scarce provider of end-to-end DICT communication equipment solutions, with products covering wireless, wired, cloud computing, terminal products, and professional communication services, operating in over 160 countries and regions. The company is committed to "becoming a leader in network connectivity and intelligent computing power" and is expected to benefit from AI development. In terms of computing power: large models continue to iterate, AI demand continues to grow, and major CSP cloud providers worldwide are increasing their investment in AI computing power infrastructure. It is expected that by 2025, overseas companies such as Amazon, Google, Microsoft, Meta, and Oracle will have a combined Capex exceeding USD 370 billion, with a year-on-year increase of over 60%; domestic companies like ByteDance, Tencent, Alibaba, and Baidu are expected to exceed CNY 360 billion in Capex, and China Mobile is expected to invest CNY 37.3 billion in computing power by 2025, with China Telecom and China Unicom's investments in computing power increasing year-on-year by 22% and 28%, respectively. According to data from the Communications Industry Network, ZTE's server market share in the telecom operator market is 21%, ranking first. In addition, the firm pointed out that the company has been developing its own chips for nearly 30 years and is one of the few domestic companies to mass-produce 7nm and introduce 5nm chips, providing one-stop design services from chip design to mass production. Currently, the company has developed its own 5nm process CPU chips and is planning the next generation of switching chips, forming a competitive data center supernode solution through years of accumulated network interconnection technology, compatible with different GPU/ASIC chips ### Related Stocks - [000063.CN - ZTE](https://longbridge.com/en/quote/000063.CN.md) - [00763.HK - ZTE](https://longbridge.com/en/quote/00763.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 「OS 产业报告」解读:国产操作系统的技术突围与生态跃迁之路 | 在数字化转型与国产化替代的背景下,国产操作系统正快速发展。2025 龙蜥操作系统大会发布的《国产服务器操作系统发展报告(2025)》预测,未来三年国产 OS 的市场规模将突破 300 亿元,国产化率将从 35% 升至 65%。报告分析了国产 | [Link](https://longbridge.com/en/news/271592118.md) | | 早盘趋势|中兴通讯缩量回落,盘中资金异动要变天? | 中兴通讯(763.HK)近期股价延续调整态势,日线级别反弹无力,连续缩量回落,K 线呈小幅阴线排列。MACD 指标保持死叉,短线空头结构清晰。成交量不断萎缩,说明整体市场人气低迷,场内资金多选择观望或等待。 基本面方面,中兴通讯自去年以来通 | [Link](https://longbridge.com/en/news/274496119.md) | | 黄仁勋预告 “前所未见” 的芯片新品,下一代 Feynman 架构或成焦点 | 黄仁勋预告今年的 GTC 大会上发布” 世界从未见过” 的全新芯片产品,分析认为新品可能涉及 Rubin 系列衍生产品或更具革命性的 Feynman 架构芯片,市场预期 Feynman 架构将针对推理场景进行深度优化。 | [Link](https://longbridge.com/en/news/276310964.md) | | 股价还能再涨 55%!英国对冲基金押注:全球最大马桶制造商 TOTO 将是 AI 芯片隐形赢家 | 马桶巨头变身 AI 概念股!激进投资者 Palliser 盯上日本 TOTO,称其为” 最被低估的 AI 受益者”。这家卫浴制造商凭陶瓷技术掌握半导体核心设备静电卡盘,贡献 40% 运营利润,股价一年已涨超 60%。Palliser 测算仍 | [Link](https://longbridge.com/en/news/276110046.md) | | AI 模型扎堆升级,国产算力需求狂飙,IDC 将迎来新一轮爆发? | 美银指出,中国 AI 行业迎来关键转折:视频生成模型爆发将算力需求推升数个数量级,云服务与模型 API 全面涨价(智谱 AI 上调 30%、UCloud 全线调价),宣告价格战结束,定价权回归卖方。IDC 租赁价格企稳回升,世纪互联、万国数 | [Link](https://longbridge.com/en/news/275876097.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.