STOCKS | ZTE Corp Rises 9.3% As Turnover Reaches HK$1.25 Billion

ZTE Corp (03308) rose as much as 10.0% to HK$1,108 before easing 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.