DEEPEXI TECH

Dipu Technology rebounded from a low open in the morning session, gaining about 5%, driven by interim results showing AI revenue surged 209% YoY. Q2 revenue grew 126.68% YoY to HK$163.88 million, net loss narrowed 89.08% YoY to HK$18.42 million, with EPS of -HK$0.0561 and ROE of -5.57%. The stock climbed from HK$35.22 intraday low to HK$37.84, breaking above its MA20 (HK$34.54), but remains 70.48% below the 52-week high of HK$128.20 and down 42.58% YTD. However, its PB of 9.6x suggests elevated valuation concerns.

Dipu Technology surged then plunged, hitting an intraday high of HK$38.40 in the morning before reversing sharply in the afternoon session to close at HK$35.94, down 5.07%, erasing gains driven by news of a 209% surge in AI revenue and Q2 profitability. The stock exhibited a 6.48% intraday range, with the day's low matching the closing price, indicating concentrated selling pressure late in the session. Despite H1 operating revenue surging 126.68% YoY to HK$163.9 million and net loss narrowing 89.08%, the stock remains 71.97% below its 52-week high of HK$128.2 and well below the MA60 (HK$45.672), although it has reclaimed the MA20 (HK$34.356). Shares are down 45.46% year-to-date.

Deepexi Technology opened higher in the morning session at HKD36.76, up 5.15% from previous close of HKD34.96, touching an intraday high of HKD37.00 before retreating to HKD36.80, with a narrow range of HKD0.20. The company's 1H26 net loss narrowed to RMB31.916 million, revenue surged 126.68% YoY to HKD163.88 million, and EPS improved 90.85% YoY, driving the gap-up opening. However, the stock remains 71.33% below its 52-week high of HKD128.2 and below the MA60 (HKD46.098), indicating lingering valuation concerns. YTD decline of 44.22% persists, while the MA20 (HKD34.301) provides near-term support. Though, thin volume of only 70,800 shares suggests limited follow-through momentum.

Deepexi Technology closed at HKD 35.00 as of 16:00 BJ , hovering near its intraday high of HKD 35.80 after a morning dip to HKD 32.44 (session low). The stock recovered through the afternoon session, trading in a HKD 34.72-35.76 range. The move was driven by the company's H1 2026 revenue guidance of 101%-120% YoY growth (RMB 265.7-290.7 million) and a narrowing net loss (Q2 net profit improved ~89% YoY), together with news of a RMB 500 million industrial AI platform project in Yueyang and a registered address change to Beijing's Haidian tech hub. That said, the stock remains ~72.7% below its 52-week high of HKD 128.2 and beneath the MA60 (HKD 46.5), with a YTD decline of ~46.8%, indicating a prolonged recovery ahead.

Deepexi Technology opened higher but closed at HKD 32.62, up 4.49%, as the market digested two catalysts: a projected 101%-120% YoY H1 revenue surge to RMB 265.7-290.7 million and a 89% YoY narrowing of Q2 net loss. However, AI rollout pace fell short of intraday hype, driving the stock from a morning high of HKD 34.54 to close lower. The stock remains 74.6% below its 52-week high of HKD 128.2, down 50.5% YTD, and trades below both the MA20 (34.40) and MA60 (47.06), indicating a weak technical position. While the company's recent RMB 200 million industrial AI platform investment and PB of 8.28x suggest the market still assigns a premium to its AI play.