HK Stock Market Move | SYNAGISTICS(02562) up more than 5%. The company said it will launch a verified e-commerce AI assistant to help buyers verify the authenticity of transactions.

SYNAGISTICS (02562) rose more than 5%, as of the time of writing, it increased by 4.48% to 4.22 Hong Kong dollars, with a turnover of 2.91 billion Hong Kong dollars. On the news front, recently, SYNAGISTICS CEO and co-founder Dai Kexin said that the company will fully utilize the large amount of data accumulated on the platform this year, introducing AI to improve platform functions, including automatically responding to inquiries from potential overseas customers, and generating merchant performance reports to enhance operational efficiency. Dai Kexin revealed that the company will launch a verified e-commerce AI assistant to assist buyers in verifying the authenticity of transactions. In addition, Dai Kexin emphasized that SYNAGISTICS has gradually moved away from a simple merchandise trading model to enter the Southeast Asian market by providing a one-stop solution for brands. Dai Kexin pointed out that when brands expand their market locally, they need to manage multiple platforms, logistics, and payment systems, and the company's solution effectively solves this complex problem, helping brands planning to go global develop more efficiently.