Hong Kong stock movement: DEEPEXI TECH rises 18.76%, turning losses into profits and boosting confidence with the implementation of AI business

Hong Kong Stock Movement

DEEPEXI TECH rose 18.76%. Based on recent news,

1. On August 3, DEEPEXI TECH released a strong interim performance report, showing rapid revenue expansion, steady improvement in gross margin, and achieving profitability at the quarterly level. These factors collectively formed a turning point in profitability, driving the stock price up.

2. On August 3, the proportion of AI business continued to increase, coupled with the gradual implementation of the Token model, the company's revenue structure and profitability quality are expected to further optimize, enhancing market confidence.

3. On August 3, after DEEPEXI TECH went public last October, the stock price once reached HKD 128.2, but recently, affected by the overall adjustment of the AI-related sector, the stock price repeatedly tested around HKD 28. After the latest semi-annual performance release, technical support signals have emerged, indicating significant technical rebound potential for the stock price. The AI market is highly competitive, with tech giants increasing their investments.

Stocks with High Trading Volume in the Industry

Zhizhu rose 3.56%, with a trading volume of HKD 2.452 billion. Based on recent key news:

1. On August 4, Zhizhu's next-generation model GLM-5.3 was suspected to be prematurely exposed, leading to heightened market expectations for its technological advancements, driving the stock price up. The documentation page for Zhizhu GLM-5.3 was briefly opened to the public, attracting investor attention. Source: Zhitong Finance

2. On August 4, Goldman Sachs raised Zhizhu's annual recurring revenue forecast to USD 2.5 billion, reflecting the market's growing demand for Chinese AI models, further boosting Zhizhu's market confidence. Source: Economic Information Agency

3. On August 3, Zhizhu's stock price was pressured by competitor DeepSeek's launch of the V4 Flash API, but subsequently, market recognition of Zhizhu GLM-5.2 increased, leading to a rebound in the stock price. Source: Caixin AI industry competition intensifies, with significant market fluctuations.

MINIMAX-W rose 4.95%. Based on recent key news:

1. On August 3, MiniMax released a new film generation model H3, supporting multimodal content generation with significant cost-effectiveness, further consolidating its competitive position in the AI film generation field. Jefferies believes this model has significant competitiveness and reiterated a "Buy" rating with a target price of HKD 1,118.

2. On August 3, MiniMax recorded a cross-trade of 100,000 shares at HKD 255.9 per share, 11% higher than the previous closing price, involving HKD 25.59 million. The current price rose 11.3%, reported at HKD 256.6, with a trading volume of 5.6788 million shares and a trading amount of HKD 1.404 billion, with a net active buying of HKD 196 million.

3. On August 3, the MiniMax H3 model was open-sourced, with chip manufacturers like Huawei Ascend completing adaptation support on the same day. This model ranked first globally in video editing capabilities on the Artificial Analysis leaderboard, with the stock price once rising 11.4%, reaching HKD 256.8, currently reported at HKD 247.6, up 7.37%, with a trading volume of 6.3924 million shares and an investment of HKD 1.582 billion Competition in the AI video generation field is intensifying, with significant capital inflow.

HaiZhi Technology surged by 43.55%. Based on recent key news:

1. On August 3rd, HaiZhi Technology Group announced the upgrade of its academician expert workstation, shifting its research focus from high-performance graph computing to the integration of knowledge graphs and large models, and received approval from the Beijing Association for Science and Technology. This upgrade is seen as a significant advancement in the company's technological innovation and research capabilities, driving a substantial increase in stock price. The technology industry's innovation drives stock price fluctuations.

Stocks ranked among the top in industry market capitalization

ZhongKe WenGe rose by 5.70%. Based on recent news,

1. On August 4th, ZhongKe WenGe collaborated with traditional service providers such as JinHai International to explore new growth engines. In the face of macroeconomic headwinds and changes in consumer retention dynamics, these companies are accelerating the capital migration towards foundational technologies. This trend has already manifested in a highly fragmented market, driving up ZhongKe WenGe's stock price.

2. No other significant news recently. Macroeconomic headwinds and changes in consumer retention dynamics