Movement Alert|Hai Zhi Tech Group Falls 5.21% in Regular Trading, AI Application Sector Under Sustained Pressure as MINIMAX Plunges Over 17%

Market Focus
07/13

On July 13, Hai Zhi Tech Group fell 5.21% in regular trading, trading at 40.9 HKD/share, with turnover of 8.4185 million HKD.

On the news front, the AI application sector remained broadly weak, with peer MINIMAX plunging 16.9%, Deepexi Tech declining 2.28%, and Extreme Vision falling 2.72%, reinforcing sector-wide selling pressure. The stock has been in continuous retreat since its院士 expert workstation strategic upgrade news triggered a surge of over 10% on July 9, with gains now fully retraced.

The current share price is approaching its 52-week low of 40.24 HKD. Fundamental concerns persist as the company reported a net loss of 205 million yuan for the full year, with the earnings inflection point remaining unclear. Trading volume has contracted notably, reflecting diminished buying interest amid the broader AI sector correction.

(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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