HK Stock Market Move | YOUZAN (08083) rose by more than 7% in four trading days, with a cumulative increase of over 30%. It recently launched WeChat Mini Store intelligent full-service management.

YOUZAN (08083) surged over 7%, with a cumulative increase of over 36% in the past four trading days. As of the time of reporting, it rose 7.25%, reaching HK$0.148, with a trading volume of HK$13.1055 million. On the news front, after launching the "Gift Giving" social attribute on WeChat Mini Program, YOUZAN has connected with the WeChat Mini Program and recently launched the WeChat Mini Program intelligent fully managed service. When merchants do not have the manpower or energy to operate through multiple channels, YOUZAN can manage the WeChat Mini Program in a unified way. Merchants can fully entrust goods, orders, marketing, logistics, after-sales service, and more to YOUZAN's intelligent system, achieving zero-cost operation. Guotai Junan pointed out that Tencent WeChat has reached 1.38 billion monthly active users globally. The "Gift Giving" function being tested this time is similar to "WeChat Red Packets," but it has more transaction convenience and social diversity, which is expected to activate the e-commerce user base and bring about an increase in transaction volume. The new function reflects Tencent's proactive attitude towards the layout of social and e-commerce fields, and may further enhance the platform's value, benefiting related partners.