On June 11, DeepExI Technology (01384.HK) fell 5.47% in regular trading, trading at 47.78 HKD/share, with trading volume of approximately 84.49 million HKD.

The decline is driven by the stock continuing to break below its recent placement price of 50.58 HKD per share, with the placement having been completed only two weeks ago on May 28. The company raised approximately 402 million HKD through the placement of around 7.94 million new H shares. Market concerns have intensified as the company initiated re-financing just seven months after its IPO, while IPO proceeds had not yet been fully deployed, raising questions about its actual capital needs and operational strategy.

Sector-wide pressure has further weighed on the stock. Within the Systems Software industry, MINIMAX-WP fell 6.33%, Haizhi Tech Group fell 10.78%, and Knowledge Atlas fell 1.43%, reflecting broad weakness across AI-related names and amplifying selling pressure on individual stocks.

(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.)