Zhi Tong Cai Jing·2025-12-16 03:32Core Viewpoint - ZTE Corporation's stock has experienced a decline of over 4%, currently trading at 26.74 HKD with a transaction volume of 244 million HKD, amid concerns regarding its collaboration with ByteDance's AI model, Doubao Assistant, which has faced backlash from major applications [1] Group 1: Stock Performance - ZTE's stock price fell by 3.88% to 26.74 HKD [1] - The trading volume reached 244 million HKD [1] Group 2: Collaboration and Market Reaction - ZTE partnered with ByteDance to launch the "Doubao Phone" Nubia M153 engineering device [1] - Major applications such as WeChat, Taobao, Xianyu, and several mobile banking apps issued security warnings against Doubao Assistant, leading to forced exits from the applications [1] - Doubao Assistant announced plans to adjust some of its AI capabilities in response to the backlash [1] Group 3: Financial Actions and Legal Matters - ZTE plans to repurchase its own shares using 1 to 1.2 billion CNY of its own funds [1] - The company acknowledged media reports regarding an investigation into its compliance with the U.S. Foreign Corrupt Practices Act and is in communication with the U.S. Department of Justice [1] - ZTE intends to defend its rights through legal means regarding the ongoing investigation [1]