Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
ZTE ( (HK:0763) ) has issued an update.
ZTE Corporation has announced that it is under investigation by the United States Department of Justice for potential non-compliance with the Foreign Corrupt Practices Act (FCPA). Despite the ongoing investigation, ZTE has stated that its current production and operations remain normal and that it is committed to strengthening its compliance framework and maintaining a zero-tolerance policy towards corruption.
The most recent analyst rating on (HK:0763) stock is a Hold with a HK$39.00 price target. To see the full list of analyst forecasts on ZTE stock, see the HK:0763 Stock Forecast page.
More about ZTE
ZTE Corporation is a leading technology company based in the People’s Republic of China, primarily engaged in the telecommunications industry. The company focuses on providing a wide range of products and services, including telecommunications equipment and network solutions, with a significant market presence in both domestic and international markets.
Average Trading Volume: 35,755,268
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$211.4B
See more data about 0763 stock on TipRanks’ Stock Analysis page.