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DEEPEXI TECH Soars 48%+ After Receiving Overweight Rating from Guotai Haitong; Revenue Expected to Enter Fast Track
DEEPEXI TECH (01384.HK) opened 2.07% higher today and once peaked at HKD47 with a surge of 56.8%. It last traded at HKD44.6, up 48.77%, with a volume of 26.4442 million shares, inv...
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DEEPEXI TECH Soars 48%+ After Receiving Overweight Rating from Guotai Haitong; Revenue Expected to Enter Fast Track
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DEEPEXI TECH (01384.HK)  +11.450 (+25.673%)   opened 2.07% higher today and once peaked at HKD47 with a surge of 56.8%. It last traded at HKD44.6, up 48.77%, with a volume of 26.4442 million shares, involving HKD1.006 billion.

Guotai Haitong Securities released a report yesterday initiating coverage on DEEPEXI TECH with an Overweight rating and a target price of HKD61.1. The company is now focusing on providing enterprise-grade large-model AI application solutions.

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Given that open-source foundational models are characterized as cost-effective, and demand for intelligent solutions in specific scenarios exists in the industry, DEEPEXI TECH's revenue is expected to enter a fast-growth track.
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