On September 11, DEEPZERO fell 3.15% in regular trading, trading at approximately HK$595.5/share, with turnover of HK$52.04 million, extending the pullback that began upon its inclusion in Stock Connect.
The decline reflects ongoing profit-taking pressure following DEEPZERO's formal inclusion in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect on September 7, when the stock plunged over 22% on its first eligible trading day. Despite the HKEX announcing on September 8 that the company would be added to the HKEX Tech 100 Index effective September 14 via the fast-track inclusion mechanism, the resulting bounce proved fleeting — shares briefly touched HK$741 on September 9 before fading to HK$694 by close.
The stock had surged dramatically ahead of the Stock Connect inclusion, driven by strong interim results (H1 revenue up 43.6% to RMB 398 million, net profit up 125.2%), a strategic partnership with Deloitte China, and the launch of DeepAgent 4.0 Pro. With a 52-week low of just HK$155, accumulated gains remain substantial, and profit-taking from earlier positioned holders continues to weigh on the share price.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)