DEEPZERO Shares Surge Over 44% in Hong Kong, Market Cap Exceeds HKD 40 Billion After Triple-Digit Gains Post-IPO

Stock News05-29

DEEPZERO (02723) saw its share price surge over 44% at one point during the trading session, reaching a new high of HKD 506. The stock has now skyrocketed approximately 8 times compared to its initial public offering price. As of the latest update, the shares are up 28.17%, trading at HKD 448.6, with a turnover of HKD 377 million. The company's market capitalization has surpassed the HKD 40 billion mark.

Public information indicates that DEEPZERO is a decision AI technology firm. It leverages proprietary AI application products to provide intelligent marketing services to enterprises. In addition to its existing flagship platforms, AlphaDesk and AlphaData, the company launched DeepAgent in 2025. Historically, the company has delivered intelligent advertising placement services and intelligent data management through these two flagship platforms.

Regarding financial performance, the company's revenue is derived from providing intelligent advertising placement services and intelligent data management. Revenues for 2023, 2024, and 2025 were RMB 611 million, RMB 538 million, and RMB 577 million, respectively. Adjusted net profits for the same periods were RMB 70.814 million, RMB 21.52 million, and RMB 24.867 million.

It is reported that during the public offering stage of its Hong Kong listing, DEEPZERO's shares were oversubscribed by approximately 5,480.23 times.

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