---
title: "Hong Kong Stock Movement: ZEEKR fell 10.13%, with clear capital flow, increased volatility attracting market attention"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284163714.md"
description: "EXTREME VISION fell 10.13%; MINIMAX-W fell 7.65%, with a transaction volume of HKD 2.198 billion; IM Motors fell 4.39%, with a transaction volume of HKD 1.429 billion; Dipu Technology fell 3.58%, with a transaction volume of HKD 211 million; Haizhi Technology Group fell 4.03%, with a market value of HKD 19.8 billion"
datetime: "2026-04-27T06:41:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284163714.md)
  - [en](https://longbridge.com/en/news/284163714.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284163714.md)
---

# Hong Kong Stock Movement: ZEEKR fell 10.13%, with clear capital flow, increased volatility attracting market attention

**Hong Kong Stock Movement**

EXTREME VISION, down 10.13%, 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-W, down 7.65%. Based on recent key news:

1.  On April 27, JP Morgan pointed out that the market has overinterpreted the competitive impact on MiniMax following the release of DeepSeek V4, leading to a 9% drop in stock price. JP Morgan believes that the V4 release is a positive for the industry, eliminating short-term competitive uncertainty. Source: Zhitong Finance
    
2.  On April 27, UBS reported that MiniMax's differentiated positioning in the multimodal field is underestimated by the market, and future model upgrades are expected to drive stock price increases. Source: UBS
    
3.  On April 24, Jefferies initiated coverage on MiniMax-W with a "Buy" rating and a target price of HKD 1,118, emphasizing the unique dissemination effect of its all-modal model. Source: Jefferies AI industry competition is fierce, and domestic chip adoption is widespread.
    

Zhizhu, down 4.39%, with a trading volume of HKD 1.429 billion. Based on recent key news:

1.  On April 24, following the release of DeepSeek V4, Zhizhu's stock price fell 9%, interpreted by the market as a competitive shock. JP Morgan believes this is an overreaction, stating that the V4 release is a tailwind for the industry rather than a zero-sum shock, and Zhizhu will benefit from the widespread adoption of domestic chips, gaining more cost-effective solutions. Source: JP Morgan
    
2.  On April 27, JP Morgan released a report maintaining Zhizhu's overweight rating with a target price of HKD 950. The bank believes that the release of DeepSeek V4 has cleared the largest negative competitive catalyst, and the catalyst path over the next two months will shift to asymmetrically positive. Source: Zhitong Finance
    
3.  On April 27, UBS reported that the release of DeepSeek V4 further solidifies the advantages of Chinese models in terms of efficiency, with Zhizhu continuing to lead in the coding field. Source: UBS AI industry competition is intensifying, with significant capital inflow.
    

Dipu Technology, down 3.58%, with a trading volume of HKD 211 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 Ranked High in Industry Market Capitalization**

Haizhi Technology Group, down 4.03%, with a market capitalization of HKD 19.8 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

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