News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
ByteDance's Doubao Negates Co-op w/ ZTE for New Brand Setup
In response to online rumors that ByteDance's AI is helping Doubao's foundation model cooperate with ZTE (00763.HK) smartphones, the person in charge of Doubao responded th...
Reset
Send
The window will close in 5 seconds
ByteDance's Doubao Negates Co-op w/ ZTE for New Brand Setup
Close
Recommend
12
Positive
15
Negative
8
 
 

In response to online rumors that ByteDance's AI is helping Doubao's foundation model cooperate with ZTE (00763.HK)  +0.400 (+1.852%)    Short selling $12.76M; Ratio 4.945%   smartphones, the person in charge of Doubao responded that the news was untrue, STAR Market Daily reported.

Doubao's foundation model has already had in-depth cooperation with many smartphones, but has not discussed with ZTE the possibility of establishing a new brand, and there is no related cooperation on chips.

ZTE's share price today (17th) peaked at $21.6, once soaring 11.3%. With slower upsurge, it spiked only 3.4% to last at $20, with turnover of $1.325 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-24 12:25.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.