DEEPEXI TECH (01384) Surges Nearly 10% as Market Bets on Enterprise AI Applications

Stock News
Nov 10

On November 10, DEEPEXI TECH (01384) once again became a highlight in the Hong Kong stock market, with its intraday gains exceeding 16%. By the close, the company's stock price had risen by 9.84% to HKD 77, with a trading volume reaching HKD 115 million.

Previously, DEEPEXI TECH debuted on the Hong Kong stock exchange as the "first enterprise-level large-scale AI application stock," soaring over 111% on its first trading day. Its public offering was oversubscribed by 7,569.83 times, making it the most oversubscribed IPO on the Hong Kong main board. This reflects investors' strong confidence in the enterprise AI sector.

The company's core strategy revolves around its "FastData + FastAGI" dual-engine approach, outlining a clear technological and business roadmap. The FastData solution focuses on providing enterprises with standardized governance for multimodal data, while FastAGI leverages its self-developed large-scale model platform to drive AI agent applications across industries.

In the first half of 2025, DEEPEXI TECH's FastAGI business line generated revenue of RMB 73.07 million, a staggering 191.04% year-on-year increase, accounting for 55.3% of total revenue—surpassing FastData for the first time. This not only validates its technological direction but also marks its successful transition from a data service provider to an AI application provider.

With the commercialization of large-scale AI models gaining momentum, DEEPEXI TECH is well-positioned to maintain its leadership in the enterprise AI market, leveraging its first-mover advantage and technological expertise to deliver long-term value to investors.

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