Movement Alert|HaiZhi Technology Group Rises 5.36% in Regular Trading, AI Application Sector Collective Strength Drives Rebound

Market Focus07-03

On July 3, HaiZhi Technology Group (02706.HK) rose 5.36% in regular trading, trading at HKD 49.66/share, with turnover of HKD 56.56 million. The rally was primarily driven by broad strength across the AI application sector, with notable sector linkage effects.

On the news front, AI application stocks collectively surged, with peer MOBVOI up over 29%, Zhipu rising over 9%, and Deepexi Tech gaining over 5%, triggering a sector-wide rebound that lifted the stock. On fundamentals, the company reported full-year revenue of RMB 621 million, up 23.4% YoY, with its core Atlas Agent solution revenue surging 68.4% YoY to RMB 146 million and adjusted net profit growing 42.6% YoY. The company was formally included in Stock Connect on June 8, broadening its mainland investor base and enhancing liquidity.

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