--- title: "Hong Kong stock movement: DEEPEXI TECH rises 15.02%, with dual benefits from new technology and performance boosting market confidence" type: "News" locale: "en" url: "https://longbridge.com/en/news/286054452.md" description: "DEEPEXI TECH rose 15.02%; MINIMAX-W fell 6.78%, with a transaction amount reaching HKD 750 million; IM Motors fell 6.79%, with a transaction amount reaching HKD 726 million; Haizhi Technology Group fell 0.09%, with a transaction amount reaching HKD 112 million; ZEEKR rose 2.21%, with a market value reaching HKD 11.2 billion" datetime: "2026-05-12T07:36:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286054452.md) - [en](https://longbridge.com/en/news/286054452.md) - [zh-HK](https://longbridge.com/zh-HK/news/286054452.md) --- # Hong Kong stock movement: DEEPEXI TECH rises 15.02%, with dual benefits from new technology and performance boosting market confidence **Hong Kong Stock Movement** DEEPEXI TECH rose by 15.02%. Based on recent key news: 1. On May 12, DEEPEXI TECH founder Zhao Jiehui delivered a speech at the CITIC Securities Summit, introducing the fourth-generation "Ontology Paradigm Memory" technology, which promotes the commercialization of AI. This technology breaks through the constraints of token economics, enhances the collaborative capabilities of corporate AI employees, and boosts market confidence in DEEPEXI TECH, resulting in a rise in stock price. 2. On May 11, DEEPEXI TECH released its annual performance announcement, showing that its digital employees have deep applications in the manufacturing industry, with revenue accounting for over 50%. This performance demonstrates strong monetization potential, further driving up the stock price. The acceleration of technological innovation in the AI industry has increased market attention. **Stocks with High Trading Volume in the Industry** MINIMAX-W fell by 6.78%. Based on recent key news: 1. On May 11, MINIMAX-W announced the launch of the "10x Team" collaboration plan and listed related positions on recruitment platforms to attract experts from vertical fields. This plan aims to replicate the tenfold efficiency leap in programming to more industries, driving industry transformation. The announcement received a positive market response, but the stock price still experienced fluctuations. 2. On May 11, economist Ma Guangyuan pointed out that the rapid increase in valuations in the large model industry is reminiscent of the internet bubble, emphasizing that AI must truly enter industries and help companies make money; otherwise, capital games are difficult to sustain in the long term. This viewpoint raised market concerns about the AI industry, affecting MINIMAX-W's stock price. 3. On May 10, Zhizhu and MINIMAX are expected to be included in the Hang Seng Tech Index and Hong Kong Stock Connect in June, but the upcoming wave of unlocks will test liquidity premiums. The proximity of the unlock wave has created uncertainty for investors regarding future stock price trends, leading to a decline in stock price. The risk of valuation bubbles in the AI industry has increased, necessitating caution. Zhizhu fell by 6.79%. Based on recent key news: 1. On May 9, Zhizhu AI faced financial pressure and challenges in business transformation. The company is transitioning to a computing power asset operator and must deal with issues such as dispersed clients, short cycles, and price sensitivity, leading to increased financial pressure and operational risks. Source: Chuangye Bang 2. On May 8, Zhizhu AI released its annual performance report, showing an expanded loss. Despite revenue growth, the gross profit margin declined, raising market doubts about its profitability. Source: Jiemian News 3. On May 10, Zhizhu is expected to be included in the Hang Seng Tech Index but faces pressure from the unlock wave. The liquidity premium tests the stability of valuations, leading to market expectation adjustments. Source: Caijing Tianxia WEEKLY AI industry transformation, complex capital flows. Haizhi Technology Group fell by 0.09%. Based on recent key news: 1. On May 10, Guotai Junan analysts maintained a buy rating on Haizhi Technology Group and set a target price of HKD 97.47. The analyst consensus is moderate buy, with an average target price of HKD 90.99. This rating may have a positive impact on the stock price but failed to prevent a slight decline in stock price Recently, there are no other important news. The Hong Kong stock market has been quite volatile recently and requires attention. **Stocks ranked at the top of the industry by market capitalization** ZhiShiJiao, up 2.21%, with a market capitalization reaching HKD 11.2 billion, and no important news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [01384.HK](https://longbridge.com/en/quote/01384.HK.md) - [00100.HK](https://longbridge.com/en/quote/00100.HK.md) - [02513.HK](https://longbridge.com/en/quote/02513.HK.md) - [02706.HK](https://longbridge.com/en/quote/02706.HK.md) - [06636.HK](https://longbridge.com/en/quote/06636.HK.md) ## Related News & Research - [AI face is taking over — and driving plastic surgeons crazy](https://longbridge.com/en/news/286641783.md) - [AI disruptor listed on CNBC 50 for third year in a row.](https://longbridge.com/en/news/286901079.md) - [Jack Antonoff tells people who are making AI art to 'drive right off that cliff'](https://longbridge.com/en/news/286592426.md) - [06:07 ETStandardC Launches AI Platform for Financial Institutions, Where Customer PII Is Never Shared With AI Models (Patent Pending)](https://longbridge.com/en/news/286892045.md) - [Google has been quietly gaining AI customers, even before big releases next week](https://longbridge.com/en/news/286580439.md)