On October 12, YUNJI-NEW rose 21.61% in regular trading, trading at HK$8.91 with turnover of HK$62.381 million. The surge follows the stock's inclusion in the Stock Connect program, effective October 8, which enables southbound capital participation and is expected to broaden the shareholder base, boost trading activity, and improve liquidity.
Operational data reinforced the positive sentiment, with AI voice calls doubling year-over-year during the recent holiday period, signaling an accelerating shift toward subscription-based recurring revenue. This combination of enhanced market access and strengthening business fundamentals has prompted a re-rating of the company's valuation and liquidity expectations, fueling the sharp intraday rally.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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