---
title: "Hong Kong stock movement: HAIZHI TECH GP fell nearly 11%, market volatility intensified, and capital flow attracted attention"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277743360.md"
description: "HAIZHI TECH GP fell 10.94%; MINIMAX-WP fell 11.51%, with a transaction volume of HKD 2.026 billion; Zhipu fell 4.45%, with a transaction volume of HKD 1.238 billion; DPU Technology rose 4.33%, with a transaction volume of HKD 127 million; Out of the Door's market value reached HKD 929 million"
datetime: "2026-03-04T07:56:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277743360.md)
  - [en](https://longbridge.com/en/news/277743360.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277743360.md)
---

# Hong Kong stock movement: HAIZHI TECH GP fell nearly 11%, market volatility intensified, and capital flow attracted attention

**Hong Kong Stock Movement**

HAIZHI TECH GP, down 10.94%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

**Stocks Ranked High in Industry Trading Volume**

MINIMAX-WP, down 11.51%. Based on recent key news:

1.  On March 3, CICC reported that MiniMax-WP's performance in 2025 exceeded expectations, with revenue growth of 158.9%, but net losses remain substantial, affecting market confidence. Source: CICC
    
2.  On March 2, MiniMax released the M2.5 version, significantly enhancing model capabilities and increasing usage, but the market still doubts its profitability. Source: BlockBeats
    
3.  On March 2, financial reports showed that MiniMax's annual losses widened to USD 1.872 billion, and despite revenue growth, the worsening losses triggered a decline in stock prices. Source: Economic Information Daily. The AI industry's competition is intensifying, increasing profit pressure.
    

Zhipu AI, down 4.45%, with a trading volume of HKD 1.238 billion. Based on recent key news:

1.  On March 3, Zhipu AI's stock price plummeted 22.76% in a single day due to computing power squeeze and unstable services, dragging down the entire sector. Market expectations for AI companies have been amplified, and negative events have led to significant stock price fluctuations. Source: Zhitong Finance
    
2.  On March 3, China Galaxy Securities pointed out that domestic large model capabilities have improved, and the competition among hundreds of models has entered the elimination stage. Companies like Zhipu AI have gained short-term funding favor, but long-term traffic competition remains key. Source: Zhitong Finance
    
3.  On March 3, AI startup Anthropic launched a new tool, impacting traditional software companies and potentially reshaping the SaaS industry landscape, affecting stock prices of companies like Zhipu AI. Source: Zhitong Finance. The AI industry is highly competitive, and market volatility is significant.
    

Dipu Technology, up 4.33%, with a trading volume of HKD 127 million, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

**Stocks Ranked High in Industry Market Capitalization**

Out of the question, with a market capitalization of HKD 929 million, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation

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