ZTE Corporation (763.HK) surged 8.17% in Hong Kong trading to HK$30.700. Morgan Stanley released a research report highlighting the potential of ZTE's collaboration with ByteDance on the &#34;Doubao&#34; AI assistant as a significant catalyst. The product integrates intelligent agents, multimodal capabilities, and system-level AI functionalities, already applied in smartphones. The initial batch of products sold out, indicating strong market demand. Morgan Stanley anticipates ZTE will experience a turning point in profit growth by the second half of 2026.

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ZTE surged 8.17% in Hong Kong trading to HK$30.700 on AI collaboration with ByteDance.

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ZTE Corporation

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ZTE surges 8% in Hong Kong trading on AI collaboration with ByteDance