HK Stock Market Move | LINKLOGIS-W(09959) rose more than 5%. The company's multi-level circulated cloud business performance is impressive. It won the bid for a large state-owned enterprise supply chain financial platform project.

LINKLOGIS-W(09959) rose more than 5%, as of the time of writing, it increased by 4.84%, closing at HKD 3.03, with a turnover of HKD 180.421 million. In terms of news, on October 17th, LINKLOGIS-W announced that in the first 9 months of 2025, the customer retention rate of its supply chain financial technology solutions reached 99%, an increase of 3 percentage points from the end of 2024. The total number of core enterprise partners reached 2,798, an increase of 29.8% from the end of 2024. The total number of financial institution partners reached 405. In the first 9 months of 2025, the total transaction value of the company's supply chain financial technology solutions was 329.37 billion yuan, an increase of 29.2% year on year; the total transaction value of emerging solutions was 6.8197 billion yuan, a decrease of 5.1% year on year. The total transaction value of technology solutions was 336.19 billion yuan, an increase of 28.2% year on year. The announcement stated that in the third quarter, the company's multi-level circulation cloud business continued to maintain strong growth momentum, mainly due to the further improvement in the penetration rate of its products among its customer base and the continued consolidation of the market foundation. At the same time, the group made significant breakthroughs in the application of emerging technologies, successfully winning the bid for a large-scale state-owned enterprise's Web 3.0-based supply chain finance platform project. This project is an important milestone under the group's "stablecoin+" strategy, marking the first time that the group's verified stablecoin and digital asset solutions have been implemented in a real supply chain scenario of a large state-owned enterprise.