---
title: "Hong Kong Stock Movement: ZEEKR fell 12.05%, with clear capital flow, increasing volatility attracting market attention"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284143186.md"
description: "EXTREME VISION fell 12.05%; MINIMAX-W fell 13.12%, with a transaction volume of HKD 1.17 billion; IM Motors fell 3.26%, with a transaction volume of HKD 771 million; Dipu Technology fell 3.94%, with a transaction volume of HKD 128 million; Haizhi Technology Group fell 3.10%, with a market value of HKD 20 billion"
datetime: "2026-04-27T02:47:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284143186.md)
  - [en](https://longbridge.com/en/news/284143186.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284143186.md)
---

# Hong Kong Stock Movement: ZEEKR fell 12.05%, with clear capital flow, increasing volatility attracting market attention

**Hong Kong Stock Movement**

EXTREME VISION, down 12.05%, 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 with High Trading Volume in the Industry**

MINIMAX-W, down 13.12%. Based on recent key news:

1.  On April 27, JP Morgan pointed out that after the release of the DeepSeek V4 preview, the market interpreted it as a competitive shock to listed large model companies, leading to a decline in MiniMax's stock price by about 11%. JP Morgan believes this is an overreaction, and the V4 release is a tailwind for the industry rather than a zero-sum shock. The catalyst path for the next two months is expected to turn into asymmetrical positives, including index inclusion and new model releases.
    
2.  On April 24, Jefferies released a research report, initiating coverage of MINIMAX-W with a "Buy" rating and a target price of HKD 1,118. The report mentioned that the company's upcoming new models are highly anticipated, with M3.0 and Hailuo 3.0 expected to be released around mid-year, enhancing economic benefits.
    
3.  On April 27, Citigroup released a research report, initiating coverage of MINIMAX-W with a "Buy" rating and a target price of HKD 1,330. The report noted that the upcoming M3 series of MINIMAX-W aims to achieve intelligent breakthroughs and is expected to further release monetization potential. Competition in the AI industry is intensifying, and market volatility is significant.
    

Zhiyu, down 3.26%, with a trading volume of HKD 771 million. Based on recent key news:

1.  On April 24, Zhiyu's stock price fluctuated due to large transactions, with a transaction amount exceeding HKD 20 million, indicating strong market interest in its stock.
    
2.  On April 27, after the release of the new model by DeepSeek, Zhiyu's stock price fell by over 3%, with market concerns about intensified competition.
    
3.  On April 24, JP Morgan maintained an "Overweight" rating for Zhiyu, considering it a beneficiary of the AI cycle, with a target price of HKD 950. Competition in the AI industry is intensifying, and capital inflow is significant.
    

Dipu Technology, down 3.94%, with a trading volume of HKD 128 million, and 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 with High Market Capitalization in the Industry**

Haizhi Technology Group, down 3.10%, with a market capitalization of HKD 20 billion, and 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

### Related Stocks

- [06636.HK](https://longbridge.com/en/quote/06636.HK.md)

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