Hong Kong AI Newly Listed Stocks See Sharp Pullback, Zhipu Drops Over 10%

Hong Kong-listed AI secondary new stocks saw a significant pullback, with GigaDevice (03986.HK) and Zhipu AI (02513.HK) both falling more than 10%, Montage Technology (06809.HK) down over 7.8%, Cambridge Industries Group (06166.HK) down over 7%, and Biren Technology (06082.HK) and Iluvatar CoreX (09903.HK) both falling more than 5%. (Jin10)