AAC TECH's stock surged 5.10% on Thursday's intraday trading session in Hong Kong, as DeepSeek concept stocks experienced a broad rally. The soaring price movement was driven by the growing investor interest in artificial intelligence (AI) and related technologies.
According to the report, AAC TECH, a Hong Kong-listed company specializing in miniaturized electronics components, saw its shares jump alongside several other AI-focused companies. Semiconductor Manufacturing International Corp (SMIC), Horizon Robotics, XD Inc, Kingsoft Cloud, and GDS Holdings all witnessed significant gains, with increases ranging from 2% to 4%.
The DeepSeek concept refers to companies involved in developing advanced AI technologies, including chip design, cloud computing, and autonomous driving. As AI continues to capture the imagination of investors and drive technological advancements, these concept stocks are benefiting from heightened market attention and optimism.
