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ZTE Corp (0763.HK)

0763.HK on Hong Kong Stock

25.60HKD
15 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Zte Corp Updates On Non Public Issuance Of A Shares
Tuesday, 10 Apr 2018 

April 10 (Reuters) - ZTE CORP::REFERS TO NON PUBLIC ISSUANCE OF A SHARES; CO RECEIVED "FORM OF ADMISSION OF APPLICATION FOR CSRC ADMINISTRATIVE APPROVAL" ISSUED BY CSRC.  Full Article

ZTE Posts Net Profit Of 4.57 Bln Yuan In 2017 Versus Net Loss Of 2.36 Bln Yuan Year Ago
Thursday, 15 Mar 2018 

March 15 (Reuters) - ZTE Corp <000063.SZ>0763.HK::SAYS IT RETURNS TO NET PROFIT OF 4.57 BILLION YUAN ($723.59 million) IN 2017 VERSUS NET LOSS OF 2.36 BILLION YUAN YEAR AGO.  Full Article

ZTE Corp To Transfer Stake In Unit To Nanjing Xiruan
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Zte Corp <000063.SZ>::CO, NANJING XIRUAN CORPORATE MANAGEMENT LIMITED PARTNERSHIP AND ZTESOFT ENTERED INTO AGREEMENT.‍CO TO TRANSFER 43.66% SHARES IN ZTESOFT, TO NANJING XIRUAN FOR RMB1,223.3 MILLION, NANJING XIRUAN TO INJECT RMB100 MILLION INTO ZTESOFT AS CAPITAL​.‍NANJING XIRUAN TO INJECT RMB100 MILLION INTO ZTESOFT BASED ON PRICE OF RMB4.67 PER SHARE​.INVESTMENT GAINS GENERATED FROM CO'S DISPOSAL OF 43.66% SHARES IN ZTESOFT SHALL AMOUNT TO RMB450 MILLION (BEFORE TAXATION).TOTAL VALUE OF STAKE IN ZTESOFT TO BE RMB2.80 BILLION, TRANSFER PRICE FOR SHARE TRANSFER UNDER DEALTO BE RMB4.67 PER SHARE.AGGREGATE INVESTMENT GAINS OF ABOUT RMB650 MILLION TO RMB790 MILLION FROM DISPOSAL OF STAKE IN ZTESOFT.  Full Article

ZTE Corp ‍Entered Framework Agreement With Vanke Real Estate​
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Zte Corp <000063.SZ>::‍ENTERED INTO FRAMEWORK AGREEMENT WITH VANKE REAL ESTATE​.‍VANKE REAL ESTATE TO PROVIDE SERVICES IN RELATION TO DEVELOPMENT, CONSTRUCTION OF PROPERTIES IN NANSHAN LAND, SALE OF PROPERTIES​.‍VANKE REAL ESTATE TO PAY RMB2.52 BILLION TO CO FOR OBTAINING RIGHT TO OPERATE PROPERTIES​.VANKE REAL ESTATE SAYS TOTAL CAPEX FOR DEVELOPMENT, CONSTRUCTION OF NANSHAN LAND PROPERTIES TO BE NO LESS THAN RMB1.71 BILLION & NOT OVER RMB1.90 BILLION.VANKE REAL ESTATE SAYS AGGREGATE SALE PRICE OF AVAILABLE-FOR-SALE PROPERTIES TO BE NO LESS THAN RMB4.75 BILLION.EXPECTED THAT GROUP TO RECORD A PROFIT BEFORE TAXATION OF ABOUT RMB2.72 BILLION UPON COMPLETION OF DEAL.  Full Article

ZTE Signs Agreement To Sell Stake In Ztesoft To Investment JV Led By Alibaba's Venture Capital Affiliate
Friday, 9 Feb 2018 

Feb 9 (Reuters) - ZTE Corp <0763.HK><000063.SZ>::SAYS IT SIGNS AGREEMENT TO SELL 43.7 PERCENT STAKE IN ZTESOFT TO INVESTMENT JV LED BY ALIBABA'S VENTURE CAPITAL AFFILIATE FOR 1.2 BILLION YUAN ($190.59 million).  Full Article

ZTE returns to net profit in 2017, Sets Pricing For Its A-Share Private Placement
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - ZTE Corp <000063.SZ><0763.HK>::SAYS IT RETURNS TO NET PROFIT IN PRELIM 2017 AT 4.55 BILLION YUAN ($722.68 million) FROM NET LOSS OF 2.36 BILLION YUAN YEAR AGO.SAYS ITS SHARE ISSUE PRICE WILL BE NO LOWER THAN 30 YUAN PER SHARE IN ITS PLANNED A-SHARE PRIVATE PLACEMENT PROPOSAL.  Full Article

ZTE Updates On Signing Of LOI With Shenzhen Vanke Real Estate
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Zte Corp <000063.SZ>::UPDATES ON SIGNING OF LETTER OF INTENT WITH SHENZHEN VANKE REAL ESTATE.THERE REMAIN CERTAIN TERMS OF DEFINITIVE AGREEMENT THAT REQUIRE FURTHER CONFIRMATION BY TWO PARTIES..PARTIES HAVE ENTERED INTO A "SUPPLEMENTAL AGREEMENT ON LETTER OF INTENT" ON 25 JANUARY 2018.SUPPLEMENTAL DEAL STIPULATING THAT DEFINITIVE AGREEMENT SHOULD BE SIGNED NO LATER THAN 9 FEBRUARY 2018.COMPANY WILL CONDUCT FURTHER NEGOTIATIONS WITH VANKE IN RESPECT OF DETAILS OF DEVELOPMENT.  Full Article

Netas signs 3 cooperation protocols with ZTE Corporation
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - NETAS TELEKOMUNIKASYON ::SIGNS THREE COOPERATION PROTOCOLS WITH ZTE CORPORATION .TO JOINTLY OPEN GSM-R CENTER OF EXCELLENCE TO CONDUCT R&D WORK ABOUT WIRELESS BROADBAND COMMUNICATION FOR RAILWAYS .TO PROVIDE MAINTENANCE AND SUPPORT SERVICES FOR ZTE PRODUCTS IN EUROPE, MIDDLE EAST AND AFRICA .TO PROVIDE ALL PRODUCT AND SERVICE TRAININGS TO CUSTOMERS AND EMPLOYEES OF ZTE IN EUROPE, MIDDLE EAST, AFRICA AND CENTRAL ASIA THROUGH NETAS ACADEMY .  Full Article

ZTE's net profits up in Q3 and Jan-Sept, to issue commercial paper and medium-term notes
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - ZTE Corp <000063.SZ><0763.HK>:Says Q3 net profit up 47.3 percent y/y.Says 9-month net profit up 36.6 percent y/y.Says it plans to issue up to 8.0 billion yuan ($1.21 billion) commercial paper.Says it plans to issue up to 3.5 billion yuan medium-term notes.  Full Article

ZTE unit acquires 48 pct stake in NETAŞ TELEKOMÜNİKASYON A.Ş. for $101.3 mln
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - ZTE Corp <000063.SZ>:Says its unit, ZTE Cooperatief U.A., acquired 48 percent stake in a listed turkish company, NETAŞ TELEKOMÜNİKASYON A.Ş. for $101.3 million .  Full Article

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China agrees to import more from U.S., no sign of $200 billion figure

WASHINGTON China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said on Saturday, but made no mention of a $200 billion target the White House had touted earlier. | Video