---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42616792.md"
description: "$Zhibao Tech(ZBAO.US) rose +43%, with trading volume surging a hundredfold—the announcement of the Chengdu digital insurance platform going public and the new CFO appointment is real, but with a market cap just over $20M and such turnover, it's all short-term capital flowing in and out, and it has already started to pull back after hours. $Haoxi Health Tech(HAO.US) is even harsher: it rose the day before riding the wave of the communications sector, only to drop -66% the next day, closing at a historical low, followed by a post-market $4M discounted share placement. A shell stock with a market cap of less than one million dollars raising funds after being pumped up—this script has been repeated too many times with low-priced China concept stocks. Those who went long on $Zhibao Tech(ZBAO.US) based on the announcement and those who tried to catch the falling knife of $Haoxi Health Tech(HAO.US) are most likely the same group of people."
datetime: "2026-07-13T10:08:58.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42616792.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42616792.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42616792.md)
author: "[本职喵星人](https://longbridge.com/en/profiles/27713076.md)"
---

# $Zhibao Tech(ZBAO.US) rose +43%, with trading volu…


### Related Stocks

- [HAO.US](https://longbridge.com/en/quote/HAO.US.md)
- [ZBAO.US](https://longbridge.com/en/quote/ZBAO.US.md)

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