HK Stock Connect Insight | EXTREME VISION (06636.HK): Lower by About 20.49% Since Stock Connect Inclusion, With H1 Revenue Up 181.2% YoY

NewTimeSpace News: On November 6, 2026, EXTREME VISION closed at HKD 65.20, up 0.62% for the day, with turnover of HKD 16.1921 million.

According to public information, EXTREME VISION listed on the Main Board of the Stock Exchange on March 30, 2026 at an offer price of HKD 40.00 per share, with a global offering of 12.48 million H shares and net proceeds of approximately HKD 434 million. Its Hong Kong public offering was subscribed 4,591.37 times.

At present, since its listing, the company's share price has ranged from a high of HKD 131.10 to a low of HKD 56.00. As of November 6, 2026, the share price closed at HKD 65.20, approximately 63.0% above the offer price of HKD 40.00. Since its Stock Connect inclusion, the share price has fallen from HKD 82.00 at the close on September 7, 2026 to HKD 65.20, a decline of approximately 20.49%.

It is understood that Hang Seng Indexes Company published the results of its quarterly review of the Hang Seng Index series for the period ended June 30, 2026 on August 21, 2026, under which EXTREME VISION was included in the Hang Seng Composite Index, effective from September 7, 2026; the Shanghai and Shenzhen stock exchanges subsequently adjusted their respective lists of Stock Connect eligible securities, and the company's shares have been included in the list of Stock Connect eligible securities since September 7, 2026.

Founded in 2015, EXTREME VISION is an artificial intelligence company built around an AI visual algorithm marketplace as its core business model, mainly providing AI computer vision solutions and large model solutions.

On the financial front, the company's revenue for the first half of 2026 was RMB 165 million, up 181.2% year on year; gross margin was 44.4%, up 2.7 percentage points year on year; and net loss attributable to shareholders was RMB 40.831 million, narrowing year on year.

Guotai Haitong Securities noted that the company delivered solid results in the first half, with strong growth in revenue from large model solutions driving a substantial increase in overall revenue and a year-on-year improvement in gross margin; as commercialisation of large model solutions continues to advance and customer coverage expands, the company is expected to turn profitable for the 2026 financial year.