Movement Alert｜DEEPZERO Falls 8.17% in Regular Trading, Profit-Taking Pressure Emerges on First Day of Stock Connect Inclusion

Market Focus09-07 09:38

On September 7, DEEPZERO fell 8.17% in regular trading, trading at 843.0 HKD/share, with turnover of 14.80 million HKD. The decline came as the stock was formally added to the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect eligible securities lists on the same day.

Prior to the inclusion, DEEPZERO had rallied significantly from a 52-week low of just 155 HKD, driven by multiple positive catalysts including its selection as a new constituent of the Hang Seng Composite Index, strong interim results showing revenue growth of 43.6% year-over-year to 398 million RMB and net profit growth of 125.2%, a strategic partnership with Deloitte China, and the launch of DeepAgent 4.0 Pro. The substantial accumulated gains attracted concentrated profit-taking on the first effective trading day under Stock Connect, with signs of institutional net outflows of 23.66 million HKD already visible on September 2.

DEEPZERO is a leading decision-making AI technology company in China, providing AI-powered applications focused on marketing and sales scenarios, encompassing intelligent advertising placement and smart data management to enable enterprise-level intelligent and automated decision-making.

(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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