--- title: "Morning Trend | ZTE Corporation experiences a volume decline, is there a change in the market with unusual fund movements?" description: "ZTE Corporation (763.HK) has recently continued its adjustment trend in stock price, with weak daily-level rebounds, a continuous decrease in trading volume, and K-line showing a slight arrangement of" type: "news" locale: "en" url: "https://longbridge.com/en/news/274495358.md" published_at: "2026-02-03T01:00:00.000Z" --- # Morning Trend | ZTE Corporation experiences a volume decline, is there a change in the market with unusual fund movements? > ZTE Corporation (763.HK) has recently continued its adjustment trend in stock price, with weak daily-level rebounds, a continuous decrease in trading volume, and K-line showing a slight arrangement of bearish candles. The MACD indicator remains in a death cross, indicating a clear short-term bearish structure. The continuously shrinking trading volume suggests overall market sentiment is low, with many funds choosing to wait and see. On the fundamental side, ZTE Corporation's communication equipment business has shown reasonable resilience since last year, but the slowdown in 5G investment pace and cost-cutting pressures in the industry have put pressure on profitability. Additionally, fluctuations in overseas market orders and uncertainties in the trade environment have made the market cautious about the company's medium to long-term growth. Affected by external sentiment, the overall defensiveness of the sector has weakened, and there is insufficient rotation among technology mainlines. In terms of technical trends, after the K-line broke down from the box, it has been continuously testing support and is now approaching the HKD 18-19 range, where there has historically been some accumulation of shares and willingness to support. If there is a volume increase with a reversal or unusual fund movements during intraday trading, it is expected to test the HKD 20 round number and short-term moving average pressure. If the volume continues to shrink and declines, caution is needed for a drop to HKD 17 or lower support. Operational advice: Investors should prioritize risk control and participate in short-term speculation based on intraday fund flows and unusual movements. Until there are signs of a reversal in technical signals, ZTE Corporation is expected to remain in a weak oscillation, with subsequent policies and 5G industry events likely to bring marginal changes ZTE Corporation (763.HK) has recently continued its adjustment trend in stock price, with weak daily-level rebounds, a continuous decrease in trading volume, and K-line showing a slight arrangement of bearish candles. The MACD indicator remains in a death cross, indicating a clear short-term bearish structure. The continuously shrinking trading volume suggests that overall market sentiment is sluggish, with many funds choosing to wait and see. On the fundamental side, ZTE Corporation's communication equipment business has shown reasonable resilience since last year, but the slowdown in 5G investment pace and cost-cutting pressures in the industry have put pressure on profitability. Additionally, fluctuations in overseas market orders and uncertainties in the trade environment have made the market cautious about the company's medium to long-term growth. Affected by external sentiment, the overall defensiveness of the sector has weakened, and there has been insufficient rotation among technology stocks. In terms of technical trends, after the K-line broke down from the box, it has been continuously testing support and is now approaching the HKD 18-19 range, where there has historically been some accumulation of shares and willingness to support. If there is a volume increase with a reversal or unusual fund movements during intraday trading, it is expected to test the HKD 20 round number and short-term moving average resistance. If the volume continues to shrink and declines, caution is needed for a drop to HKD 17 or lower support. Operational advice: Investors should prioritize risk control and participate in short-term speculation based on intraday fund flows and unusual movements. Until a reversal signal appears on the technical front, ZTE Corporation is expected to remain in a weak oscillation, with subsequent policies and 5G industry events likely to bring marginal changes ### Related Stocks - [ZTCOY.US - ZTE Corporation](https://longbridge.com/en/quote/ZTCOY.US.md) - [00763.HK - ZTE](https://longbridge.com/en/quote/00763.HK.md) - [000063.CN - ZTE](https://longbridge.com/en/quote/000063.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms' government subsidies | Microsoft President Brad Smith expressed concerns that U.S. tech companies should be wary of the subsidies provided by t | [Link](https://longbridge.com/en/news/276251765.md) | | Citigroup's Long Position In H-Shares Of ZTE Increases To 7.20% On Jan 22 - HKEX | HKEX:CITIGROUP'S LONG POSITION IN H-SHARES OF ZTE CORP INCREASES TO 7.20% ON JAN 22 FROM 6.45% | [Link](https://longbridge.com/en/news/273969875.md) | | Dividend picks: 20 large-cap defensive stocks outperforming the market in 2026 | As U.S. equity benchmarks decline in 2026, investors are shifting their portfolios towards defensive stocks. 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