Stock Track | CiDi Inc. Soars 5.63% Intraday on Stock Connect Inclusion and Surging Mining Truck Business

Stock Track04-17

CIDI-NEW (03881.HK) experienced a significant intraday surge, with its stock price soaring 5.63% during the trading session on Friday.

The sharp rise is attributed to the company's recent inclusion in the Stock Connect program, which has opened access to southbound capital, significantly boosting the stock's liquidity and market visibility. Furthermore, the company's strong fundamental performance is a core driver, with its latest full-year results showing revenue surging 115.8% year-over-year. The autonomous mining truck business saw deliveries reach 630 units for the year, representing a staggering 317.22% year-over-year increase.

Multiple brokerages have maintained "Buy" ratings on the stock, citing the accelerating commercialization of its unmanned mining trucks and its potential for overseas market expansion.

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