On July 23, ZHIDA TECH rose 10.71% in regular trading, trading at 19.33 HKD/share, with turnover of HKD 60.24 million.
On the news front, the rebound appears driven by oversold technical recovery. The stock had surged dramatically since late June, fueled by charging robot industry chain catalysts — gaining over 30% on July 6 and nearly 19% intraday on July 13 after its Ningbo production base for annual capacity of 10,000+ charging robots officially launched. However, from July 14 onward, the stock entered a sustained correction channel, with a single-day plunge of 19.28% on July 17 and consecutive declines exceeding 5% from July 20 to 22.
Despite the company releasing its 2.0 strategy upgrade on July 16 and globally debuting its \"AI Energy + Robot\" integrated solution on July 21 targeting Robotaxi, ride-hailing, and logistics scenarios, short-term positive catalysts failed to offset profit-taking pressure during the correction phase. The current rebound is attributed to technical recovery following the extended selloff.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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