Movement Alert|ZHIDA TECH Falls 8.12% in Regular Trading, Charging Robot Concept Profit-Taking Pressure Continues

Market Focus07-29

On July 29, ZHIDA TECH fell 8.12% in regular trading, trading at 12.5 HKD/share, with turnover of approximately 30.32 million HKD.

On the news front, the stock has entered a sustained correction channel following a sharp rally driven by charging robot industry chain catalysts since late June. The stock surged over 30% on July 6 and gained nearly 19% intraday on July 13 after its charging robot production base landed in Ningbo and its 2.0 strategy upgrade was announced. However, the subsequent pullback has been severe, with a 19.28% single-day drop on July 17, consecutive 5%+ daily declines from July 20 to 22, and an 8.32% fall on July 28. While intermittent oversold rebounds have appeared, trading volume has continued to shrink, indicating cautious market participation. The current decline suggests that profit-taking pressure from the prior rally has not been fully released, and the short-term adjustment trend persists.

(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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