ZTE Corporation (00763) shareholders transferred their shares from the Hong Kong Shanghai Banking Corporation to the Stock Connect (Shanghai) warehouse with a market value of HK$8.07 billion.

According to the latest data from the Hong Kong Stock Exchange, on February 26th, ZTE Corporation (00763) shareholders transferred their shares from HSBC Holdings in Hong Kong to the Shanghai Stock Connect, with a market value of 807 million Hong Kong dollars, accounting for 3.22%. In the secondary market, on February 21st, ZTE Corporation's stock price surged by 17.32%, reaching a market value of 161.21 billion Hong Kong dollars as of the time of writing on February 27th. Northeast pointed out that ZTE Corporation's wholly-owned chip subsidiary ZTE Microelectronics is facing reevaluation. ZTE Microelectronics' chip capabilities are leading in China. Its self-developed high-performance server CPU Everest series has won bids for China Mobile Limited projects, with shipments of 6,173 units totaling 380 million yuan. In addition, ZTE Microelectronics has also launched its self-developed Dinghai ASIC chip and a full range of network cards and DPU products based on this chip, which are expected to play an important role in the intelligent computing center. With the advent of the AI era, the investment value of ZTE Microelectronics is expected to significantly increase.