The latest update is out from ZTE ( (HK:0763) ).
ZTE Corporation’s Board of Directors convened for their forty-first meeting, where several key resolutions were approved. These included the 2024 Working Report, Annual Report, Final Financial Accounts, and the President’s Working Report, all of which will be submitted to the general meeting for further consideration. Additionally, the board approved a resolution on hedging derivatives trading and the application for trading limits for 2025, as well as a proposal for consolidated registration for issuing multiple types of debt financing instruments. These decisions reflect ZTE’s strategic planning and financial management, potentially impacting their market positioning and stakeholder interests.
More about ZTE
ZTE Corporation is a leading global provider in the telecommunications industry, specializing in network and communication solutions. The company is based in China and focuses on providing innovative technology solutions to enhance connectivity and communication across various markets.
YTD Price Performance: 22.40%
Average Trading Volume: 10,461
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $25.5B
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