Group 1 - The stock of Zhida Technology (02650.HK) experienced a decline of 3.62% on February 13, 2026, closing at HKD 277.00, while the Hang Seng Index fell by 1.72% [1] - The decline was attributed to weak overall market sentiment, technical corrections after significant prior gains, and a divergence in capital flows, with retail investors showing net inflows while institutional investors remained cautious [1][2] - The stock's recent performance showed a significant volatility with a trading range of 7.65%, hitting a low of HKD 268.00, and a trading volume of HKD 10.33 million, indicating a low turnover rate of 0.06% [1] Group 2 - The overall market sentiment was weak, with the Hang Seng Index under pressure and technology stocks experiencing a general pullback, leading to a net outflow of HKD 7.512 billion from the new energy vehicle sector in A-shares [2] - Zhida Technology's stock had risen over 80% since the second half of 2025, with a year-to-date increase of 37.13%, leading to increased profit-taking pressure [2] - The company established a joint venture with Chery Green Energy on January 29, 2026, focusing on automatic charging robots and AI charging systems, which is seen as a long-term positive for securing orders and promoting Chinese charging standards [3] Group 3 - For the first three quarters of 2025, Zhida Technology reported a revenue growth of 28.5%, capturing approximately 9% of the global home charging station market [3] - Institutions expect revenue in 2026 to be supported by orders from the joint venture, despite the current negative price-to-earnings ratio due to initial high investments [3] - Future developments will depend on the liquidity of the Hong Kong stock market, changes in new energy policies, and the progress of the joint venture [3]
挚达科技股价下跌3.62%，受市场情绪与技术回调影响