HK Stock Market Move | YIXIN (02858) rose more than 9% in early trading. The company has renewed a three-year collaboration with Jingzhen Gu, and institutional investors are optimistic about the continued high growth of its annual performance.

YIXIN (02858) rose more than 9% in the morning session, up 8.7% as of press time, at HK$2.75, with a turnover of HK$44.15 million. On the news front, YIXIN announced that it has reached a strategic cooperation agreement with Jingzhengu (a subsidiary of Tencent) to renew the second-hand car service agreement. The agreement will expire on December 31, 2025, and the renewal agreement will take effect from January 1, 2026, for a period of three years. Under the renewal agreement, Jingzhengu will continue to provide the company with second-hand car valuation and related services, and the company will pay the corresponding service fees. It is worth noting that YIXIN recently disclosed its business update for the third quarter of 2025, with the total financing amount in the third quarter continuing to grow. The Founder believes that as a leading third-party automotive finance company, the company's second-hand car strategy has achieved significant results, and high pricing for second-hand cars has supported the company's performance. It is expected that the company's performance will continue to show strong growth momentum in the second half of the year. Furthermore, the company's commitment to dividend feedback to shareholders and its distinctive high dividend feature have been given a "strong buy" rating.