ZHIDA TECH-NEW's stock price soared 24.07% during Tuesday's intraday trading session, reflecting significant investor enthusiasm.
The surge is primarily attributed to the company's recent inclusion in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect's Southbound trading list. This adjustment, effective from early April, opens a direct investment channel for mainland Chinese investors and is widely expected to bring substantial liquidity benefits and opportunities for a valuation re-rating for the company.
Additionally, the company's robust financial performance is supporting the positive sentiment. ZHIDA TECH-NEW's 2025 annual results showed record full-year revenue, which grew 20.7% year-on-year. A key highlight was the expansion into international markets, with overseas business revenue surpassing the RMB 100 million mark for the first time and achieving a year-on-year growth rate of 70.5%.
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