0763.HK vs. 0914.HK

Last updated Jun 5, 2026

0763.HK (ZTE Corp-H) and 0914.HK (Anhui Conch Cement) are both stocks. 0763.HK operates in Communication Equipment (Technology), while 0914.HK operates in Building Materials (Basic Materials). Over the past 10 years, 0763.HK returned 12.59%/yr vs 4.89%/yr for 0914.HK. At a 0.34 correlation, their price movements are largely independent.

Performance

0763.HK vs. 0914.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in ZTE Corp-H (0763.HK) and Anhui Conch Cement (0914.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 0763.HK achieves a 4.57% return, which is significantly higher than 0914.HK's -12.45% return. Over the past 10 years, 0763.HK has outperformed 0914.HK with an annualized return of 12.59%, while 0914.HK has yielded a comparatively lower 4.89% annualized return.

0763.HK

• 1D: 5.27%
• 1M: 3.58%
• YTD: 4.57%
• 6M: -12.35%
• 1Y: 20.25%
• 3Y*: 7.70%
• 5Y*: 8.22%
• 10Y*: 12.59%

0914.HK

• 1D: -0.11%
• 1M: -3.82%
• YTD: -12.45%
• 6M: -18.84%
• 1Y: -1.08%
• 3Y*: 1.58%
• 5Y*: -10.41%
• 10Y*: 4.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0763.HK vs. 0914.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0763.HK ZTE Corp-H	4.57%	14.61%	45.85%	3.26%	-17.47%	10.61%	-17.53%	61.15%	-49.57%	117.73%
0914.HK Anhui Conch Cement	-12.45%	16.72%	16.55%	-28.35%	-24.72%	-15.30%	-11.23%	56.03%	6.66%	78.08%

Correlation

The correlation between 0763.HK and 0914.HK is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Dec 10, 2004	0.34

The correlation between 0763.HK and 0914.HK shifts across timeframes, from 0.21 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

Return for Risk

0763.HK vs. 0914.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0763.HK

0763.HK Risk / Return Rank: 56
0763.HK Sharpe Ratio Rank: 59
0763.HK Sortino Ratio Rank: 57
0763.HK Omega Ratio Rank: 56
0763.HK Calmar Ratio Rank: 55
0763.HK Martin Ratio Rank: 52

0914.HK

0914.HK Risk / Return Rank: 36
0914.HK Sharpe Ratio Rank: 38
0914.HK Sortino Ratio Rank: 33
0914.HK Omega Ratio Rank: 33
0914.HK Calmar Ratio Rank: 39
0914.HK Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0763.HK vs. 0914.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ZTE Corp-H (0763.HK) and Anhui Conch Cement (0914.HK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	0763.HK	0914.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.49	-0.07	+0.55
Sortino ratio: Return per unit of downside risk	1.09	0.14	+0.95
Omega ratio: Gain probability vs. loss probability	1.14	1.02	+0.12
Calmar ratio: Return relative to maximum drawdown	0.56	-0.07	+0.63
Martin ratio: Return relative to average drawdown	0.96	-0.16	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0763.HK vs. 0914.HK - Sharpe Ratio Comparison

The current 0763.HK Sharpe Ratio is 0.49, which is higher than the 0914.HK Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of 0763.HK and 0914.HK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0763.HK	0914.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	-0.07	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	-0.31	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.15	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.35	-0.18

Drawdowns

0763.HK vs. 0914.HK - Drawdown Comparison

The maximum 0763.HK drawdown since its inception was -71.67%, smaller than the maximum 0914.HK drawdown of -82.84%. Use the drawdown chart below to compare losses from any high point for 0763.HK and 0914.HK.

Drawdown Indicators

	0763.HK	0914.HK	Difference
Max Drawdown Largest peak-to-trough decline	-71.67%	-82.84%	+11.17%
Max Drawdown (1Y) Largest decline over 1 year	-49.65%	-30.30%	-19.35%
Max Drawdown (3Y) Largest decline over 3 years	-57.50%	-34.50%	-23.00%
Max Drawdown (5Y) Largest decline over 5 years	-59.30%	-63.23%	+3.93%
Max Drawdown (10Y) Largest decline over 10 years	-69.50%	-69.06%	-0.44%
Current Drawdown Current decline from peak	-34.46%	-56.72%	+22.26%
Average Drawdown Average peak-to-trough decline	-31.10%	-32.54%	+1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.76%	12.94%	+15.82%

Volatility

0763.HK vs. 0914.HK - Volatility Comparison

ZTE Corp-H (0763.HK) has a higher volatility of 18.58% compared to Anhui Conch Cement (0914.HK) at 6.45%. This indicates that 0763.HK's price experiences larger fluctuations and is considered to be riskier than 0914.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0763.HK	0914.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.58%	6.45%	+12.13%
Volatility (6M) Calculated over the trailing 6-month period	36.11%	22.13%	+13.98%
Volatility (1Y) Calculated over the trailing 1-year period	57.37%	32.35%	+25.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.26%	35.00%	+18.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.72%	33.92%	+21.80%

Dividends

0763.HK vs. 0914.HK - Dividend Comparison

0763.HK has not paid dividends to shareholders, while 0914.HK's dividend yield for the trailing twelve months is around 5.17%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0763.HK ZTE Corp-H	0.00%	2.46%	3.07%	2.62%	2.14%	1.12%	1.12%	0.00%	0.00%	0.00%	2.19%	1.72%
0914.HK Anhui Conch Cement	5.17%	4.69%	5.30%	9.09%	10.23%	6.58%	4.49%	3.39%	3.88%	1.54%	2.41%	3.95%

Financials

Frequently Asked Questions

Can I hold both 0763.HK and 0914.HK in my portfolio?

0763.HK and 0914.HK have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.