Haizhi Technology Group's stock surged 12.30% during intraday trading on Wednesday, following its recent inclusion in the Stock Connect eligible list which has unlocked significant southbound capital allocation channels.
The company, which holds a dominant 53.3% market share in the graph-model fusion AI segment, is now accessible to mainland Chinese investors through Stock Connect. This has generated sustained incremental demand for the stock, with institutional coverage remaining supportive - both BOCI and Guotai Junan have issued bullish ratings with target prices ranging from 80.81 to 97.47 HKD.
Additionally, the broader AI sector received a boost after Hong Kong Exchanges announced that Zhipu, Biren Technology, and Tianshu Zhixin will be included in the HKEX Tech 100 Index under the fast-track mechanism, further lifting sentiment across AI-related stocks including Haizhi Technology Group.
Comments