--- title: "Hong Kong Stock Movement: DEEPZERO falls 13.43%, strategic adjustments raise concerns, AI concept declines" type: "News" locale: "en" url: "https://longbridge.com/en/news/289283687.md" description: "DEEPZERO fell 13.43%; Zhipu fell 7.31%, with a transaction volume reaching HKD 2.55 billion; MINIMAX-W fell 4.61%, with a transaction volume reaching HKD 674 million; Haizhi Technology Group rose 13.33%, with a transaction volume reaching HKD 591 million; Dipu Technology fell 5.00%, with a market value of HKD 16.8 billion" datetime: "2026-06-10T06:51:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289283687.md) - [en](https://longbridge.com/en/news/289283687.md) - [zh-HK](https://longbridge.com/zh-HK/news/289283687.md) --- # Hong Kong Stock Movement: DEEPZERO falls 13.43%, strategic adjustments raise concerns, AI concept declines **Hong Kong Stock Movement** DEEPZERO fell 13.43%. Based on recent key news: 1. On June 9, DEEPZERO founder Huang Xiaonan stated in an interview with Phoenix Finance that the company will focus on breakthroughs in cognition, talent, and capital leverage over the next three years to promote the development of enterprise digitalization and intelligent decision-making. This strategic adjustment has raised market concerns about the company's future growth potential, leading to a significant drop in stock price. 2. Recently, DEEPZERO announced that it will comprehensively recruit top AI talent from both domestic and international markets to enhance team talent density and maintain technological leadership. Although this initiative aims to strengthen the company's competitiveness, the market is skeptical about whether it can achieve the expected results in the short term, further exacerbating the decline in stock price. 3. DEEPZERO stated that it will leverage the platform of the listed company for industrial mergers and acquisitions, ecological cooperation, and globalization layout to amplify platform value. However, there is uncertainty in the market regarding its ability to successfully implement these plans, leading to insufficient investor confidence and pressure on the stock price. Recently, competition in the AI industry has intensified, and market volatility has become apparent. **Stocks with High Trading Volume in the Industry** Zhizhu fell 7.31%, with a trading volume of HKD 2.55 billion. Based on recent key news: 1. On June 8, Zhizhu was included in the Hong Kong Stock Connect targets, and the market expected an influx of incremental funds, causing the stock price to rise against the market trend at one point, but it later fell due to a cooling overall market sentiment. Source: Caixin. 2. On June 8, the AI concept stocks in Hong Kong showed differentiation; although Zhizhu attracted capital favor, it was affected by significant adjustments in the US stock market, leading to a decline in market risk appetite and stock price volatility. Source: Caixin. 3. On June 9, Guosen Securities maintained a "Outperform" rating for Zhizhu, expecting strong revenue growth in the future, but in the short term, market sentiment is still constrained by the pressure of restricted stock unlocks. Source: Caixin. The AI sector is expanding, and market sentiment is increasingly volatile. MINIMAX-W fell 4.61%. Based on recent key news: 1. On June 8, MINIMAX-W was included in the Hang Seng Tech Index, becoming one of the first pure AI large model component stocks. After the announcement, the stock price fell by 10.34% at one point, currently reported at HKD 499. Although inclusion in the index increased market attention, it did not bring a positive stock price reaction in the short term. 2. On June 8, the macroeconomic environment was unfavorable, and market expectations for a Federal Reserve interest rate hike increased, leading to a general decline in global technology and chip sectors. The Philadelphia Semiconductor Index fell by more than 10%, dragging down the performance of Hong Kong tech stocks, and MINIMAX-W's stock price was under pressure for several consecutive days, having previously dropped over 10% to a low of HKD 490. 3. On June 8, MINIMAX-W's financial report showed that by the end of 2025, the company's debt-to-asset ratio would reach 343.3%, a significant increase from the previous year's 187.8%. The high debt ratio reflects the company's increased reliance on external financing, raising market concerns about its financial health, which affects stock price performance. Valuation adjustment pressure in the Hong Kong tech sector is evident, and investment needs to be cautious Haizhi Technology Group rose by 13.33%. Based on recent key news: 4. On June 8, the Shenzhen Stock Exchange announced adjustments to the list of securities eligible for the Hong Kong Stock Connect, with Haizhi Technology Group being added. This move increased the stock's market liquidity and investor attention, driving the share price up by 13.33%. Source: Zhitong Finance 5. On June 8, Beijing Haizhi Technology Group Co., Ltd. announced relevant information through the Hong Kong Stock Exchange. This further enhanced market confidence in the company, promoting the rise in share price. Source: PUBT 6. On June 8, the Hong Kong stock market performed strongly overall, with several technology stocks rising, which boosted the share price of Haizhi Technology Group. Source: Zhitong Finance. The Hong Kong stock technology sector has recently performed strongly, with significant capital inflow. **Stocks ranked among the top in industry market capitalization** Dipu Technology fell by 5.00%. Based on recent key news: 1. On June 9, Dipu Technology was included in the Hong Kong Stock Exchange Technology 100 Index, with the adjustment taking effect on June 15. This news initially drove the share price up, but market doubts about its subsequent performance led to a price decline. Source: Zhitong Finance 2. On June 8, the Hong Kong IPO market performed poorly, with Dipu Technology's share price dropping over 10% since being included in the Hong Kong Stock Connect. Concerns about the performance of new stocks affected investor confidence. Source: Viewpoint Network 3. On June 8, many AI companies went public in the Hong Kong stock market, and market enthusiasm for the AI sector surged, but Dipu Technology's stock performance was below expectations, reflecting market doubts about its profit model. Source: Global Network Finance. 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