On June 25, Hai Zhi Technology Group (02706.HK) declined 5.03% in regular trading, trading at HK$57.55 per share, with turnover of approximately HK$62.10 million.
On the news front, the AI sector displayed notable divergence, with peer Knowledge Atlas surging over 9% while MINIMAX fell nearly 5% and Deepexi Tech dropped nearly 9%. Since being officially included in the Stock Connect program on June 8, Hai Zhi Technology has experienced persistent wide-ranging oscillations as southbound capital inflows clash with existing holders seeking to lock in profits at elevated levels. This new-versus-old capital dynamic has defined the stock's trading pattern over recent weeks, with the share price pulling back from post-inclusion highs.
Market institutions had previously cautioned that the crowded AI hard-tech sector warrants short-term avoidance given strong profit-taking sentiment. On the institutional side, Bank of China International and Guotai Haitong both maintain bullish ratings with target prices ranging from HK$80.81 to HK$97.47.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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