EconomicChina·27 Oct 2026
ZTE shares rise as third-quarter profit increases fivefold
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Shares in the Chinese telecommunications company ZTE rose by as much as 7 per cent in Hong Kong on Tuesday following a report of a nearly fivefold increase in third-quarter profit. The company recorded a net profit of 1.31 billion yuan (US$196.3 million) for the period ending September 30, marking a 395 per cent increase compared to the previous year. This…
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SCMP
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