MB-ZTE @EC2609A

EU Proposes Cybersecurity Bill to Gradually Phase Out Equipment from High-Risk Vendors Such as Huawei and ZTE

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UBS Increases Short Position in ZTE H Shares

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ZTE Chairman Fang Rong Outlines 2026 Corporate Strategy

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ZTE and ByteDance Collaborate on Deep AI-Driven 'Bean Bag' Phone

Citi Group Increases Holdings in ZTE H Shares

JPMorgan Increases Stake in ZTE H Shares

UBS reduces stake in ZTE H shares

UBS Increases Its Long Position in ZTE H Shares

ZTE Microelectronics Chip Fully Compatible with ETAS Software

Doubao AI Phone Restores Limited Purchase but Restricted by Major Apps

ZTE Announces Deep Involvement in 6G Standardization

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ZTE Announces Share Buyback Plan and Responds to US Anti-corruption Investigation

ZTE Announces Over 1.25 Million Lithium Battery Shipments and Market Breakthroughs in Energy Storage Business

DA SEN HLDGS

CELESTIAL ASIA

TOP SPRING

DRINDA

RISECOMM GP

SHENG YUAN HLDG

BIOSINO BIO-TEC

FULLSHARE

SILKWAVE INC

WECON HOLDINGS

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EU Move to Force High-Risk Telecom Suppliers Draws Ire from Chinese Equipment Makers

marketscreener

China Southern CSI Communication Service ETF

Fullgoal CSI Communication Equipment Thematic ETF

ZTE Corporation

Yinhua CSI 5G Communication Theme ETF

Harvest CNI Communication ETF

Nokia

Guotai CSI All Share Communications Equipment ETF

ChinaAMC CSI 5G Communication ETF

EU Move to Force High-Risk Telecom Suppliers Draws Ire from Chinese Equipment Makers

The European Commission has proposed to ban third-country companies deemed to pose security risks from participating in the construction of European mobile networks, widely seen as a move targeting China. Although specific countries or companies are not explicitly mentioned, the EU has sought to restrict Chinese suppliers such as Huawei and ZTE. This proposal is based on actions in 2023, where the EU will assess the banned countries or suppliers and give telecom providers three years to phase out the relevant equipment

法新社

The EU plans to ban high-risk telecom suppliers, targeting China's Huawei and ZTE

The European Union plans to phase out telecom equipment from "high risk" countries, targeting Chinese firms like Huawei and ZTE. This move aims to enhance cybersecurity amid concerns over reliance on Chinese tech and U.S. services. The draft legislation mandates the removal of such equipment within three years, addressing previous voluntary measures that led to inconsistent application across member states. Huawei has criticized the proposal, arguing it violates EU legal principles. The new rules will also apply to other critical sectors, aiming to protect EU citizens and businesses.

Yahoo Finance

EU plans phase out of high risk telecom suppliers, in proposals seen as targeting China

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POP MART(09992) rose 9.07%, with a trading turnover 5.9 Billion HKD, and a year-to-date rose 5.1%. GIGADEVICE(03986) rose 5.52%, with a trading turnover 532.3 Million HKD, and a year-to-date rose 88.9%. HENGRUI PHARMA(01276) fell 4.36%, with a trading turnover 161.0 Million HKD, and a year-to-date rose 3.2%. WUXI APPTEC(02359) fell 4.13%, with a trading turnover 672.1 Million HKD, and a year-to-date rose 15.2%.

- The Hang Seng Index decreased by 0.29%, with a year-to-date increase of 3.3%; the Hang Seng Tech Index dropped by 1.16%, also with a 3% rise this year.  
- Pop Mart (09992) rose by 9.07%, achieving a trading volume of 5.88 billion HKD and a year-to-date increase of 5.1%.  
- In contrast, companies like Innovent Biologics (01276) and WuXi AppTec (02359) saw declines of 4.36% and 4.13% respectively, with year-to-date increases of 3.2% and 15.2%.

Top Gainers & Losers

POP MART

GIGADEVICE

ZIJIN GOLD INTL

CHINA SOUTH AIR

CHINA LIFE

HENGRUI PHARMA

WUXI APPTEC

BYD COMPANY

SMIC

Top 5 HK Stock Gainers/Losers (>100B) (1.20)

China's foreign ministry urged the EU not to undermine investment confidence following reports of a proposal to phase out Chinese suppliers from critical infrastructure. The ministry criticized the move as "naked protectionism" and called for a fair business environment for Chinese firms. The EU's proposal, which targets companies like Huawei and ZTE, is part of a broader strategy to reduce reliance on Chinese enterprises in key sectors. China warned that politicizing trade could hinder technological progress and economic growth.

China calls on EU not to hurt enterprises' investment confidence

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CGN POWER(01816) rose 4.07%, with a trading turnover 256.1 Million HKD, and a year-to-date rose 4.8%. ZTE(00763) rose 3.63%, with a trading turnover 1.0 Billion HKD, and a year-to-date rose 7.2%. LENOVO GROUP(00992) fell 5.59%, with a trading turnover 3.0 Billion HKD, and a year-to-date fell 5.2%. HTSC(06886) fell 4.64%, with a trading turnover 345.8 Million HKD, and a year-to-date rose 4.8%.

CGN POWER

HORIZONROBOT-W

SHK PPT

HUA HONG SEMI

LENOVO GROUP

HTSC

SANDS CHINA LTD

CMSC

Top 5 HK Stock Gainers/Losers (>100B) (1.8)

Under the background of digital transformation and domestic substitution, domestic operating systems are developing rapidly. The "Domestic Server Operating System Development Report (2025)" released at the 2025 Longxi Operating System Conference predicts that the market size of domestic OS will exceed 30 billion yuan in the next three years, and the localization rate will increase from 35% to 65%. The report analyzes the technological breakthroughs, ecological development, and market demand of domestic OS, pointing out that factors such as the discontinuation of CentOS, and the demands from the financial and government sectors are driving the localization process

InfoQ

Interpretation of the "OS Industry Report": The Technological Breakthrough and Ecological Leap of Domestic Operating Systems

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S&P Global Market Intelligence listed the top ten shorted stocks in Hong Kong as of Monday, based on securities financing data. The short interest is the percentage of borrowed shares relative to the total number of outstanding shares. Major stocks include Vanke, ZTE, and COSCO Ship Hold, with short interest ratios of 19.07%, 14.54%, and 14.03%, respectively

AASTOCKS

Vanke

CHINA VANKE

Cosco Ship Hold

COSCO SHIP HOLD

S&P Global Market Intelligence lists the top ten shorted Hong Kong stocks recently

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JIANGXI COPPER(00358) rose 6.5%, with a trading turnover 2.1 Billion HKD, and a year-to-date rose 252.3%. XPENG-W(09868) rose 3.88%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 69.5%. ZIJIN GOLD INTL(02259) fell 5.86%, with a trading turnover 650.2 Million HKD, and a year-to-date rose 101.8%. SD GOLD(01787) fell 5.27%, with a trading turnover 727.2 Million HKD, and a year-to-date rose 188.4%.

- The Hang Seng Index fell by 0.71%, with a year-to-date increase of 27.8%.  
- Jiangxi Copper Co. (00358) rose by 6.5%, with a total turnover of HK$20.7 billion and a year-to-date increase of 252.3%.  
- Xpeng Motors-W (09868) gained 3.88%, while Zijin Mining International (02259) and Shandong Gold (01787) saw declines of 5.86% and 5.27%, respectively, with year-to-date increases of 101.8% and 188.4%.

JIANGXI COPPER

XPENG-W

MIXUE GROUP

GEELY AUTO

SD GOLD

ZHAOJIN MINING

Top 5 HK Stock Gainers/Losers (>100B) (12.29)

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The Hang Seng Index closed down 0.71%, and the Hang Seng Tech Index fell 0.3%. CHALIECO dropped about 8%, CHIFENG GOLD fell about 5%, ZHAOJIN MINING declined about 5%, Pony AI decreased about 7%, and ZTE dropped about 4%

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CHIFENG GOLD

Pony AI

CHALIECO

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ByteDance, in collaboration with ZTE, launched the "Doubao Phone," sparking industry competition for the next generation of super entry points. Manufacturers such as vivo, Lenovo, and TRANSSION have become targets for collaboration with ByteDance. Lenovo plans to unveil the "AI Super Intelligent Agent" at CES, competing with the Doubao Phone assistant and promoting the Tianxi AI ecosystem. Lenovo maintains close cooperation with ByteDance, but the competition for super entry points in the AI era has just begun

- ByteDance and ZTE launched the "Doubao Phone," highlighting the ongoing competition for next-gen super entry points among smartphone manufacturers.  
- Companies like Vivo, Lenovo, and Transsion are potential partners with ByteDance, while Lenovo is expected to unveil its "AI Super Smart Agent" at CES, aiming for integrated functionality across devices.  
- The race for AI smartphone supremacy is just beginning, with manufacturers wary of losing control over their software ecosystems while navigating collaboration with ByteDance and their AI capabilities.

ByteDance

TRANSSION

Does Doubao have another friend?

The three major indices of the Hong Kong stock market maintained narrow fluctuations during the trading session, with the Hang Seng Index slightly rising. The technology sector rebounded but did not reach new highs. There was a clear divergence in the retail, internet, and hardware sectors, with market hotspots rapidly switching. Stocks such as YOFC and Huiju Technology surged. On the macro level, retail sales data supported investment sentiment, with mainstream funds concentrated in core blue chips and high-elasticity strong stocks

- Hong Kong's stock market opened slightly higher, with the Hang Seng Index at 25,754.34 points, up 0.25%.  
- Notable performance includes China Fiber Optic (6869.HK) rising 11.88% and Zhongjin Tianyi (1880.HK) increasing by 10.25%, driven by strong retail sales growth of 5.3%.  
- Investor focus remains on mainland data and external uncertainties impacting liquidity in Hong Kong stocks, as tech and hardware sectors show varying performances.

LB Select

YOFC

Baidu

BIDU-SW

TENCENT

KUAISHOU-W

INNOSCIENCE

SOLOMON SYSTECH

XIAOMI-W

CTG DUTY-FREE

CENTRALCHINA MT

TIME INTERCON

BABA-W

Hong Kong stocks intraday | The three major indices opened higher, with the technology and AI sectors active. Baidu rose 1.52%, YOFC surged 11.4%, and chip stocks performed strongly

MB-ZTE @EC2609A(14666.HK)

EU Move to Force High-Risk Telecom Suppliers Draws Ire from Chinese Equipment Makers

The EU plans to ban high-risk telecom suppliers, targeting China's Huawei and ZTE

EU plans phase out of high risk telecom suppliers, in proposals seen as targeting China

Top 5 HK Stock Gainers/Losers (>100B) (1.20)

China calls on EU not to hurt enterprises' investment confidence