HK Stock Market Move | ZTE Corporation (00763) rose more than 5% as the domestic first Pre6G trial network was put into operation. The company seizes the opportunity for smart investment growth.

ZTE Corporation (00763) rose more than 5%, as of the time of writing, it has increased by 5.06% to 24.92 Hong Kong dollars, with a trading volume of 4.81 billion Hong Kong dollars. On the news front, on April 21st, the first domestic Pre6G trial network was officially put into operation in Nanjing, Jiangsu province. The trial network incorporates 6G innovative technology into the 5G network, with characteristics such as high bandwidth, long-distance coverage, low latency determination, and AI intrinsic integration, with capabilities up to 10 times that of 5G. Public information shows that since 2018, ZTE Corporation has been investing in 6G research, targeting 6G technology leadership and the commercialization milestone of 2030, continuously advancing standard setting, key technology research, and prototype verification, while actively promoting 6G ecosystem construction and scenario exploration. In addition, Ningxing Securities pointed out that by 2025, the company will focus on the dual-drive of "technology + scenarios", seize the growth opportunities of intelligent computing investment, achieve a leap in revenue, and become a new engine for revenue growth for the company. In terms of servers and storage, the company has comprehensively covered the leading customers in the Internet industry, and the bank is optimistic about the growth opportunities in the intelligent computing field driven by the AI wave.