ZTE H shares rose more than 5%. Institutions say they are expected to benefit from the development of the digital economy.

[00763.HK H shares rose more than 5 per cent, institutions say they are expected to benefit from the development of the digital economy] the ZTE Corporation (ZTE) rose 5.12 percent as of press time. In terms of news, China Merchants Securities pointed out that operators have recently released network construction information one after another, which is expected to boost the market attention of the communications sector, and ZTE Corporation has benefited from being one of the core leaders of domestic communication equipment manufacturers. The company continues to increase its share in the operator's traditional network market and achieve profits of scale.