New Stock News | 4068 times! SeaTech Technology (02706) completely ignites the new stock market, creating a new record in Hong Kong stocks AI subscription for the year
Haili Technology (02706) not only broke the record for oversubscription among new stocks this year, but also achieved a "leapfrog" lead among all AI new stocks this year, becoming the undisputed "AI subscription king" in the Hong Kong stock market so far in 2026.
Recently, the new stock market in Hong Kong has been ignited by the artificial intelligence wave, and an unprecedented "thousand-fold subscription" relay race is unfolding. From BIREN TECH (2347.53 times) to KNOWLEDGE ATLASAI (approximately 1164 times), to MiniMax (1848 times), when the IPO of "AI Excluding Magic" Haizhi Technology (02706) closed, its public offering oversubscription of over 4068 times pushed this round of AI new stock subscription frenzy to a new height. Haizhi Technology not only refreshed the record of oversubscription of new stocks within the year, but also achieved a "discontinuous" lead among all AI new stocks in the year, becoming the well-deserved "AI subscription king" in the Hong Kong stock market till now in 2026.
This subscription frenzy is led by individual investors, with internet brokers contributing the majority of the funds. Futu Securities lent out a staggering HK$207.99 billion in margin financing; Huili Securities and Tiger Brokers followed closely with HK$51.2 billion and HK$32.778 billion respectively.
Different from other AI companies focusing on computing power, general large models, or C-end applications, Haizhi Technology precisely targets the high barrier and high-demand "AI Excluding Magic" technology blue ocean. By integrating the "graph model fusion" technology, it combines the structured logic of the knowledge graph with large models, reducing the "illusion" problem of large model outputs from the source, and accurately entering high-end markets such as finance and government that have extremely high requirements for information accuracy.
As a pioneer in this niche field, Haizhi Technology's graph database technology has broken world records and holds a leading market share in the industrial AI intelligence body market. Financially, the company's compound annual revenue growth rate over the past three years is nearly 27%, and its core Atlas intelligent body business is showing explosive growth, validating its commercial landing capabilities.
With the current improvement in Hong Kong stock liquidity and clear signs of foreign capital returning, coupled with the high prosperity of the AI sector, the over-subscription frenzy of Haizhi Technology is expected to become a trend indicator for new stock issuance in the niche sector. As the "AI Excluding Magic" first stock, Haizhi Technology's listing not only opens up a niche sector with high growth potential for investors, but also promotes the precision and reliability upgrade of industrial AI.
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