On August 19, DEEPEXI TECH fell 5.16% in regular trading, trading at HK$35.3/share, with turnover of HK$28.41 million.

On the news front, the company announced on August 17 the completion of a placement of 14.286 million new H shares at HK$35.00 per share under general mandate, raising net proceeds of approximately HK$488 million. The current stock price has now approached the placement price, highlighting near-term dilution pressure. Notably, this marks the company's second placement within three months, with the prior round priced at HK$50.58 per share, implying significant unrealized losses for those subscribers.

Meanwhile, the broader Systems Software sector is under heavy selling pressure. Among sector peers, EXTREME VISION fell 10.42%, MINIMAX-W dropped 9.1%, WENGE AI declined 8.37%, HAIZHI TECH GP lost 5.36%, and Z.AI slid 3.07%, reflecting a broad AI sector correction that has amplified individual stock selling pressure.

(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.)