ZHIDA TECH-NEW (02650) saw its shares rise more than 24% at the intraday peak. The stock has been climbing consistently this month, accumulating a gain of up to 80%. As of the time of writing, the share price increased by 17.65%, currently trading at HK$54, with a turnover of HK$171 million.
Recent announcements from the Shanghai and Shenzhen Stock Exchanges confirmed that, in accordance with relevant regulations, ZHIDA TECH-NEW will be included in the list of securities eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect's Southbound trading. This adjustment will take effect from April 10, 2026. As a constituent of the Hang Seng Composite Index, the company's inclusion in the Stock Connect program will open a direct investment channel for mainland investors and is expected to bring significant liquidity benefits and opportunities for value re-rating.
Notably, ZHIDA TECH-NEW's 2025 annual results showed that the company's full-year revenue exceeded RMB 716.5 million, a year-on-year increase of 20.7%, setting a new revenue record in the company's development history. Expansion into international markets has become the strongest driver for the company's performance growth. In 2025, the group's overseas business revenue surpassed the RMB 100 million mark for the first time, reaching RMB 122.6 million, accounting for 17.1% of total revenue, with a year-on-year growth rate as high as 70.5%.