DEEPEXI TECH's stock soared 5.07% during intraday trading on Friday, staging a significant recovery rally.

The rebound follows a sharp selloff triggered the previous day by the company's announcement of a heavily discounted share placement. The company placed 7.942 million new H shares at HK$50.58 per share, representing a discount of approximately 19.78% to the prior closing price, which raised dilution concerns and prompted profit-taking.

Today's recovery suggests the concentrated selling pressure from the discounted placement has been largely absorbed, with the stock rebounding above the placement price as funds gradually re-enter following the short-term oversold conditions.