DEEPEXI TECH Soars 48% After Guotai Haitong Initiates With Overweight Rating

Kevin Ip

·Apr 10 2026, 04:59

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Key Takeaways:

Guotai Haitong Securities initiated coverage on DEEPEXI TECH with an "Overweight" rating and a HKD61.1 price target.
The stock surged as much as 56.8 percent, closing the session up 48.77 percent at HKD44.6 on volume of over 26 million shares.
The new price target implies a 37 percent upside from the closing price, based on the firm's AI enterprise solutions focus.

DEEPEXI TECH (01384.HK) shares surged 48.77 percent after Guotai Haitong Securities initiated coverage on the AI solutions provider with an "Overweight" rating.

"The company is now focusing on providing enterprise-grade large-model AI application solutions," Guotai Haitong Securities said in its report, setting a price target of HKD61.1.

The report highlighted the cost-effectiveness of open-source foundational models and existing industry demand for intelligent solutions in specific scenarios as key drivers for future revenue. The stock peaked at HKD47 before closing at HKD44.6, with turnover reaching HKD1.006 billion.

The new price target represents a 37 percent potential upside from the closing price. The sharp rally reflects growing investor confidence in the company's pivot to enterprise AI, which it sees as a fast-growth track.

The surge in DEEPEXI TECH's stock highlights the market's sensitivity to analyst ratings in the AI sector. Investors will be closely watching the company's next earnings report to see if the fundamentals support the new valuation.

This article is for informational purposes only and does not constitute investment advice.