HK Stock Market Move | White Dove Online (02672) increased by over 370% in the last trading period. The company is known as the "first stock of scene insurance AI".

White Pigeon Online (02672) officially listed on the Hong Kong Stock Exchange today, successfully claiming the title of the "first stock of scene insurance AI" in the Hong Kong stock market. The stock opened high and continued to rise today, with the closing price increasing by over 370%, ranking first among three new stocks on the same day. As of the time of writing, the stock has risen by 361.54%, closing at 72 Hong Kong dollars with a transaction amount of 375 million Hong Kong dollars. It is reported that White Pigeon Online is an insurance technology company mainly engaged in providing insurance intermediary services with technological empowerment for scene partners. It mainly generates revenue by using scene insurance tools to provide insurance transaction services, precise marketing and digital solutions, and third-party management services. Data from Zhoushi Consulting shows that there are over 100 companies participating in the Chinese scene insurance market. Based on the total premium by 2025, White Pigeon Online ranks first in the market share of third-party scene internet insurance intermediaries at 3.1%, fifth in overall scene insurance intermediaries, and twelfth in internet insurance intermediaries, showing outstanding scarcity in the field. According to the prospectus, White Pigeon Online has independently developed a full-process SaaS application system called "White Pigeon e-insurance," covering intelligent insurance, policy management, claims processing, and other aspects. In 2024, it also started the digital transformation of risk management towards large-scale models, developing six major MaaS business models such as "Ark" risk warning and "Femtosecond" dynamic pricing. The prospectus indicates that the company has a daily policy processing capacity of over 50 million policies.