HK Stock Market Move | DMALL (02586) rose nearly 24% in the afternoon, the company continues to promote AI retail landing, and is expected to enter the Hong Kong Stock Connect list next Monday.

DMALL (02586) rose nearly 24% in the afternoon, up 21.43% as of the press time, at HK$9.69, with a turnover of HK$58.5864 million. On the news front, DMALL's AI products have been integrated into DeepSeek and localized deployment has been completed. AI clearance, AI customer service, AI shopping guide, and other products have landed. DMALL will also accelerate its embrace of AI and lead the breakthrough in AI retailing. It is reported that DMALL is a well-known domestic retail digital solution service provider. Through the Dmall OS system and AIoT solution, the company helps offline physical retail enterprises to digitize transformation. In addition to cooperation with Wumart, it also covers more than 400 global customers, including Pandaly, 711, Lawson, Dennis, Metro, SM, and benchmark customers such as Pandaly. It is worth noting that Hang Seng Index Company previously announced the latest quarterly review results, in which DMALL was included in the Hang Seng Composite Index constituent stocks. All changes will be implemented after the market closes on March 7, 2025 (Friday) and will take effect from March 10, 2025 (Monday). According to CITIC SEC estimates, DMALL may be included in the Hong Kong Stock Connect as it meets a series of standards including market value, liquidity, and listing time.