Movement Alert|DEEPEXI TECH Rises 6.05% in Regular Trading, Strong Interim Results and DeepSeek Price Hike Boost AI Sector

Market Focus08-07

On August 7, DEEPEXI TECH rose 6.05% in regular trading, trading at HK$38.26/share, with turnover of HK$55.65 million.

The rally was driven by a combination of strong interim results and a positive catalyst from DeepSeek's announced plan to significantly raise its API service pricing. The company reported H1 revenue of RMB 284 million, up 115% year-over-year, with AI business revenue surging 209.2% to RMB 226 million. Notably, Q2 marked a profitability inflection point with net profit of approximately RMB 30.1 million. Overall gross margin improved 1.5 percentage points to 56.5%, driven by a rising share of high-margin AI revenue.

On the industry front, DeepSeek announced on August 6 its plan to substantially raise API service pricing. Institutions believe this signals a shift from subsidy-driven low pricing back to a rational pricing framework, which is expected to enhance profitability for AI application service providers. Within the Systems Software sector, MINIMAX-W rose 16.49%, Z.AI rose 12.05%, and HAIZHI TECH GP rose 4.71%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment