Morgan Stanley lowered the target price for ZTE (00763) to HKD31.5 from HKD35 and maintained the "equal-weight" rating.
The research house said following the weaker-than-expected 3Q25 results, it cuts revenue forecasts by 5%/6%/7% for 2025/26/27 and gross margin assumptions by 0.9%/0.5%/0.4% to reflect the domestic 5G revenue shortfall.
【你點睇?】美、烏、歐多方在柏林會晤商討俄烏和談,你認為本輪磋商會否取得階段性成果?► 立即投票

























