HK Stock Market Move | LIANLIAN (02598) surged over 8%, with strong performance in global payment services in the first half of the year. The company is accelerating the implementation of its AI Native strategy.

LIANLIAN (02598) has surged over 8%, with an increase of 8.29% as of the time of writing, priced at HKD 3.92, with a trading volume of HKD 8.985 million. In terms of news, recently, LIANLIAN disclosed its interim results for 2026. Guotai Haitong pointed out that in the first half of 2026, the company achieved revenue of 876 million yuan, an increase of 11.9% year-on-year, with an overall gross margin of 51.9%, remaining stable year-on-year. On the expense side, for the first half of 2026, the companys selling expense ratio, management expense ratio, and R&D expense ratio were 15.1%, 23.0%, and 13.8%, respectively, a decrease of 1.4 percentage points, 15.3 percentage points, and 10.1 percentage points year-on-year, indicating significant overall optimization. On the business front, in the first half of 2026, the global payment business generated revenue of 601 million yuan, an increase of 27.1% year-on-year, with a total payment volume (TPV) of 249.9 billion yuan, up 25.9% year-on-year; the company is expected to continue to maintain growth momentum in global payment transactions, leveraging its comprehensive layout of 68 payment licenses and qualifications worldwide. Guotai Haitong further noted that LIANLIAN is accelerating the implementation of its AI Native strategy. In April 2026, the company launched and implemented its core development strategy of AI Native + Globalization, laying the groundwork for the Agent Payment era. In the first half of 2026, the company advanced product implementation along three main lines: smart payment infrastructure, AI product matrix, and enterprise-level Agent platforms; at the same time, the company is strategically investing in AI Native startups and collaborating with Visa and UnionPay International in the field of intelligent payment agents.