DEEPZERO

2723.HK staged a rally-and-retreat session, surging to an intraday high of HKD 597.5 in the morning before fading to close at HKD 566, down 0.5% from the previous close of HKD 569, with an intraday range of 7.1%. The stock has been pulling back from its 52-week high of HKD 650.5 reached on July 27, driven by recent news on AI Agent expansion in Asia-Pacific markets, now sitting 12.99% below that peak. Q4 2025 revenue rose 13.47% YoY to HKD 166.4 million, but net profit plunged 72.72% YoY to only HKD 2.96 million, with a net profit margin of 1.78%. Despite the earnings weakness, the stock trades at a lofty P/E of 5,097x and P/B of 112.5x, well above both its MA20 of HKD 503.75 and MA60 of HKD 402.97, and has surged 178.82% YTD. However, today's total turnover was a mere HKD 40.2 million, with a turnover rate of 0.08%, indicating thin liquidity.

Beijing DeepZero surged 5.87% to close at HKD 640 after an afternoon rally, rebounding from an intraday low of HKD 580 to hit its 52-week high, with YTD gains of 215.27%. The special general meeting to expand capital management mandates and AI Agent landing in Asia-Pacific markets fueled concentrated buying in the afternoon session, which accounted for about 45% of total volume. Q4 2025 revenue rose 13.47% YoY to HKD 166.4 million, but net profit plunged 72.72% YoY to HKD 2.96 million, with a net margin of only 1.78%, contrasting with the stock's strong price action. The stock trades at a PE of 5,763x and PB of 127x, though active AI sector sentiment continues to provide short-term support.

Beijing DeepZero surged in the morning session, closing at HKD 577, up 5.1% from the previous close of HKD 549, hitting a new 52-week high with an intraday range between HKD 541.5 and HKD 577. The stock has gained 184.24% YTD and is now at its 52-week high, well above its MA20 (HKD 467.99) and MA60 (HKD 390.23), reflecting strong momentum. Recent news includes an extraordinary general meeting to expand capital management mandates and headlines about AI Agent deployments in the Asia-Pacific market, which have drawn active capital flows. However, the latest quarterly net profit slumped 72.72% YoY, with a net margin of just 1.78% and a PE of 5,196x, suggesting the high valuation lacks earnings support.

Driven by positive developments in AI technology deployment and Asia-Pacific market expansion, Beijing DeepZero Intelligent Technology (2723.HK) opened sharply higher in the morning session, climbing from HKD 532 to HKD 556, a gain of 5.1%, with turnover of HKD 11.28 million. The latest quarterly revenue rose 13.47% YoY, but net profit plunged 72.72% due to a high base effect, while net profit margin remained low at 1.78%. The stock's PE of 5,006x and PB of 110.5x reflect a premium for AI application prospects. At HKD 556, the share price is significantly above its 20-day MA (HKD 445.94) and 60-day MA (HKD 381.74), with a YTD gain of 173.89% and just 2.37% below its 52-week high of HKD 569.5. However, recent news highlights sharp intraday swings, including a prior drop of over 13%, underscoring the tension between high valuation and earnings delivery.

DEEPZERO opened lower and fell further during the morning session, dropping from HK$552 to HK$518, a decline of 5.6%, driven by a pullback in the AI sector and the company's convening of an extraordinary general meeting to discuss the expansion of capital management mandates. The stock has been highly volatile recently, with multiple swings of over 10% in previous trading days. In Q4 2025, revenue rose 13.47% YoY to HK$166.4 million, but net profit plunged 72.72% YoY to HK$2.96 million, with a net profit margin of only 1.78%. The current price of HK$518 is 9.04% below the 52-week high of HK$569.5, yet the stock has surged 155.17% YTD and remains well above its MA20 (HK$434.69) and MA60 (HK$376.99), with a sky-high PE of 4,664.75x and PB of 102.98x.