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ZTE Rallies ~9% on Rumors of Launch of AI Smartphone Jointly Developed with ByteDance This Mth
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The AI smartphone jointly developed by ByteDance and ZTE (00763.HK) is set to launch in early December, according to comprehensive Chinese media reports. ByteDance will lead the implantation of its Doubao large model and AI interaction features, while ZTE will oversee hardware and product design and manufacturing. ZTE opened 0.38% higher today (1 December) before its gain expanded in the morning session, and peaked at $34.2. It last printed at $34.18, rallying 8.78%, with 37.1364 million shares traded, involving $1.235 billion. AAStocks Financial News Website: www.aastocks.com |
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