HK Stock Market Move | GEEKPLUS-W(02590) rose by more than 6% during trading. The largest cornerstone investor stated that they will not reduce their holdings. The company is expected to be included in the Hong Kong Stock Connect list next month.

GEEKPLUS-W(02590) rose more than 6% during the session, and as of the time of writing, it was up 5.21%, at HK$23.02, with a trading volume of HK$45.1171 million. On the news front, Geekplus will see its first lock-up period after going public on January 9, with cornerstone investors being the lock-up subjects, while existing shareholders will be unlocked in July 2026. In response to this lock-up period, cornerstone investors like Xiongan Fund have stated that they will not rush to sell their shares due to the unlocking, and will continue to support the company's long-term development. It is worth noting that on December 8, Geekplus was officially included in the Hang Seng Composite Index, and is expected to enter the Hong Kong Stock Connect on February 6, attracting more mainland investors to participate and further boosting the company's stock price and valuation. Guotai Haitong stated that as the world's largest provider of warehousing and logistics solutions, Geekplus has been experiencing rapid global business growth, with stable growth in revenue and orders. The company has been increasing its investment in intelligent technology research and development, and its future performance is expected to exceed expectations. EB Securities also commented that as a global leader in AMR warehousing, the company is likely to see a revaluation in its value.