Movement Alert|DEEPZERO Falls 6.13% in Regular Trading, Profit-Taking Continues After Tech 100 Index Inclusion

Market Focus
7 hours ago

On September 16, DEEPZERO fell 6.13% in regular trading to HK$425.6, with turnover of HK$7.36 million. The decline marks the third consecutive session of selling pressure following the stock's formal inclusion in the HKEX Tech 100 Index and Tech & US Tech 100 Index, which took effect on September 14.

On the first effective day of the index inclusion, DEEPZERO plunged over 14%, followed by a further 5.15% drop on September 15. The persistent sell-off mirrors the pattern seen when the stock was added to the Stock Connect on September 7, which similarly triggered a sharp single-day decline exceeding 22%. The recurring theme of profit-taking upon realization of positive catalysts remains firmly in place.

With a 52-week low of just HK$155, DEEPZERO had accumulated substantial gains driven by strong interim results — revenue up 43.6% and net profit up 125.2% — along with a strategic partnership with Deloitte China on enterprise AI deployment. The significant run-up has intensified pressure from profit-taking as investors lock in gains following successive index inclusion milestones.

(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.)

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