HK Stock Market Move | ZTE Corporation (00763) rose more than 8% in the early trading session. Nubia NaviX Ultra made its appearance at WAIC, equipped with the Doupai mobile assistant.

date
10:39 22/07/2026
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GMT Eight
ZTE Corporation (00763) surged over 8% in early trading, up 6.97% at the time of publication, to HK$26.1, with a turnover of HK$669 million.
ZTE Corporation (00763) rose more than 8% in early trading, and as of the time of writing, it was up 6.97% to HKD 26.1 with a trading volume of 669 million Hong Kong dollars. On the news front, the 2026 World Artificial Intelligence Conference (WAIC) was recently held in Shanghai, where ZTE's sub-brand Nubia officially unveiled the world's first AI smart body phone, the "Nubia NaviX Ultra". ZTE Corporation's on-site staff introduced that the NaviX Ultra focuses on the concept of "the world's first deep integration of AI smart phones," with the Douyin AI phone assistant developed by ByteDance being more deeply integrated into the phone operating system. Morgan Stanley recently released a research report stating that as investor focus shifts to the recovery stage and with the reappearance of AI catalysts, ZTE Corporation may undergo revaluation. In the field of edge devices, the company's collaboration with ByteDance around the Douyin AI assistant integrates intelligent bodies, multimodal and system-level AI capabilities into smartphones. Early demand indicators such as the sell-out of the first batch of products demonstrate strong market interest. The bank expects ZTE to deepen this cooperation, potentially paving the way for the wider commercialization of AI phones, which could become an important catalyst for sentiment and valuation.