Senior Managers Increase Holdings In ZTE

June 28 -- ZTE Corporation (000063, 0763.HK) filed its 15 senior managers together increased their holdings by 1.06 million A-shares on June 24 for 28 million yuan, reports Securities Daily. Most of the 15 managers vice presidents or hold more senior positions.

The Shenzhen-based firm has recently liquidated large portions of its holdings in Nationz Technologies, which designs integrated circuits and chips. Most recently, ZTE sold four million shares of the company on June 22, cashing in 59 million yuan. Nationz Technologies is also based in Shenzhen.

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