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ZTE Shares Rise 9.3% as Turnover Reaches HK$1.245 Billion

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ZTE Corp rose as much as 10.0% to HK$1,108, then eased to HK$1,100, up 9.3%, after breaking above its 20-day moving average of HK$1,077.07, according to ETNet.

The stock traded 1.1519 million shares worth HK$1.245 billion. It has gained for three straight sessions, with a cumulative rise of 10.6%.

The active buy-sell ratio was 70:30, with net active buying of HK$471 million.

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