Apr 22, 2022 03:00 PM (GMT+8) · EqualOcean
On April 21, the share price of New Zealand Technology (09600. HK) rose sharply, with the highest intraday increase of 95.50%, closing up 87.39% and closing price of HK $2.08. On April 19, two days earlier, the intraday low of the stock was close to an all-time low of only HK $0.82. The share price rose sharply for two consecutive days. New Zealand Technology issued an announcement of abnormal fluctuations in price and trading volume on April 20. At the same time, the board of directors confirmed that it was not aware of any reason for the fluctuations in the trading price and trading volume of these shares. Further sorting out the company's recent announcement, it is not difficult to see from the following aspects that the share price of the stock had been significantly undervalued, which prompted the retaliatory rebound of the current round of share price. In terms of performance, the 2021 annual performance announcement shows that in 2021, New Zealand technology achieved a revenue of 205.8 million yuan, a year-on-year increase of 16.9%. It is worth noting that the revenue of innovative solutions supported by artificial intelligence and big data analysis technology reached 119.1 million yuan, accounting for 57.9% of the total revenue, more than half of the revenue scale In terms of R & D investment, in 2021, New Zealand technology invested a total of 45.6 million yuan in R & D, an increase of 154.7% over the same period. In addition, from the aspects of policies and share prices, it can be seen that whether the previous serious undervaluation of share prices, the future development of the company's track and favorable policies, or the company's own business performance and layout, all constitute the reasons for this round of leading gains.