DEEPZERO Soars Over 65% on Second Trading Day Following IPO

Stock News05-28

DEEPZERO (02723) continued its strong momentum from its listing debut, with its stock price surging over 65% during the trading session today. The share price reached a high of HK$335.2, marking a cumulative increase of 500% from its issue price of HK$55.5. At the time of writing, the stock was up 47.49%, trading at HK$299.4, with a turnover of HK$229 million.

Public information indicates that DEEPZERO is a decision-making AI technology company. It leverages proprietary AI application products to provide intelligent marketing services to enterprises. The company primarily offers smart advertising placement services and intelligent data management through its two flagship platforms, AlphaDesk and AlphaData.

For its Hong Kong listing, DEEPZERO's public offering was heavily oversubscribed by 5,480.23 times. Financially, the company's revenue for 2023, 2024, and 2025 was RMB 611 million, RMB 538 million, and RMB 577 million, respectively. Its adjusted net profit for the same periods was RMB 70.814 million, RMB 21.52 million, and RMB 24.867 million. Although 2025 saw a rebound compared to 2024, neither revenue nor profit recovered to the peak levels achieved in 2023.

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