Understanding the Market | DEEPEXI TECH rose over 47% on the second day of its listing, increasing over 270% compared to the offering price, with a total market value exceeding HKD 30 billion

Zhitong
2025.10.30 06:57
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DEEPEXI TECH continued to rise on the second day of its listing, with an afternoon increase of over 47%, reaching a high of HKD 98.8, which is more than 270% higher than the offering price of HKD 26.66. As of the time of writing, it has risen by 46.63%, trading at HKD 97.95, with a transaction volume of HKD 395 million and a total market value exceeding HKD 30 billion. Public information shows that DEEPEXI TECH focuses on providing enterprise-level large model artificial intelligence application solutions, helping enterprises efficiently integrate data, decision-making, and operations on a large scale. DEEPEXI TECH has achieved the deployment and implementation of Agentic artificial intelligence applications in enterprises through its two major infrastructures: the FastData Foil data fusion platform and the Deepexi enterprise-level large model platform. As of June 2025, DEEPEXI TECH has served a total of 283 enterprise clients, with a repurchase client ratio of 33.2%, indicating strong customer stickiness. In the first half of 2025, the company's revenue grew by 118.4% year-on-year to HKD 132 million, with revenue from enterprise-level AI solutions increasing by 191%, and the gross profit margin also rising to 55%, demonstrating simultaneous growth in both growth potential and profitability quality