HK Stock Market Move | DEEP SOURCE (00990) rose nearly 8% as its profitability significantly improved in the first half of the year, clearly identifying the lithium value chain and AI industry as strategic development directions.

DEEP SOURCE (00990) rose by nearly 8%. As of the time of publication, it is up 7.08%, trading at HK$0.605, with a transaction volume of HK$16.7479 million. In news, DEEP SOURCE recently announced its interim results for the first half of 2026. The company's revenue from continuing operating activities for the first half was approximately HK$14.964 billion, a year-on-year increase of about 49%. Gross profit was approximately HK$452 million and operating profit was about HK$395 million, representing year-on-year growth of approximately 92% and 139% respectively. The gross margin for the first half improved to about 3.02%, an increase of approximately 0.67 percentage points compared to the same period last year. The growth rates for both gross profit and operating profit exceeded that of revenue, indicating a significant improvement in the company's profitability. In the future outlook section of the interim report, the company clearly included both the lithium value chain and AI infrastructure-related businesses as part of its future development directions. Specifically, the company has officially upgraded the statements related to the AI industry to be part of its future strategy. The management stated that the company will focus on strategic transformation in areas such as artificial intelligence infrastructure and has already started planning and implementing relevant work to support subsequent business growth. Announcements will be made as necessary according to relevant requirements. The company's layout in the AI industry has now entered the medium to long-term observation window, making it a point of interest.