QUANTGROUP (02685) Debuts with 165.31% Surge, Parent Company of E-commerce Platform "Yang Xiao Mie"

Stock News11-27

QUANTGROUP (02685) made its market debut today. According to public data, the company priced its shares at HKD 9.8 per share, issuing a total of 13.3475 million shares with 500 shares per lot. The net proceeds raised amounted to approximately HKD 12.37 million. At the time of writing, the stock surged 165.31% to HKD 26, with a trading volume of HKD 68.6676 million.

Public information shows that QUANTGROUP is a Chinese online marketplace operator. Its consumer e-commerce platform, Yang Xiao Mie, has offered a variety of retail products since November 2020, including electronics, food and beverages, home appliances, cosmetics, jewelry, apparel, and personal care items sourced from third-party suppliers. The platform matches these products with users through online purchases.

Since April 2022, QUANTGROUP has operated an online-to-offline (O2O) automotive retail platform called "Consumption Map," primarily collaborating with car retailers to attract online traffic for offline purchases at local dealerships. Since 2024, the platform has also enabled consumers to purchase vehicles online on a smaller scale.

The company considers marketplace suppliers on Yang Xiao Mie (including product suppliers and POP store operators) and automotive retailers on Consumption Map as its business partners. In a limited capacity, QUANTGROUP also provides advertising services to these partners.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1171012879?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-27 09:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1171012879","market":"sh","top_or_hot":-1,"title":"QUANTGROUP (02685) Debuts with 165.31% Surge, Parent Company of E-commerce Platform \"Yang Xiao Mie\"","media":"Stock News","content":"<p>QUANTGROUP (02685) made its market debut today. According to public data, the company priced its shares at HKD 9.8 per share, issuing a total of 13.3475 million shares with 500 shares per lot. The net proceeds raised amounted to approximately HKD 12.37 million. At the time of writing, the stock surged 165.31% to HKD 26, with a trading volume of HKD 68.6676 million.</p>\n<p>Public information shows that QUANTGROUP is a Chinese online marketplace operator. Its consumer e-commerce platform, Yang Xiao Mie, has offered a variety of retail products since November 2020, including electronics, food and beverages, home appliances, cosmetics, jewelry, apparel, and personal care items sourced from third-party suppliers. The platform matches these products with users through online purchases.</p>\n<p>Since April 2022, QUANTGROUP has operated an online-to-offline (O2O) automotive retail platform called \"Consumption Map,\" primarily collaborating with car retailers to attract online traffic for offline purchases at local dealerships. Since 2024, the platform has also enabled consumers to purchase vehicles online on a smaller scale.</p>\n<p>The company considers marketplace suppliers on Yang Xiao Mie (including product suppliers and POP store operators) and automotive retailers on Consumption Map as its business partners. In a limited capacity, QUANTGROUP also provides advertising services to these partners.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>QUANTGROUP (02685) Debuts with 165.31% Surge, Parent Company of E-commerce Platform \"Yang Xiao Mie\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQUANTGROUP (02685) Debuts with 165.31% Surge, Parent Company of E-commerce Platform \"Yang Xiao Mie\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-27 09:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>QUANTGROUP (02685) made its market debut today. According to public data, the company priced its shares at HKD 9.8 per share, issuing a total of 13.3475 million shares with 500 shares per lot. The net proceeds raised amounted to approximately HKD 12.37 million. At the time of writing, the stock surged 165.31% to HKD 26, with a trading volume of HKD 68.6676 million.</p>\n<p>Public information shows that QUANTGROUP is a Chinese online marketplace operator. Its consumer e-commerce platform, Yang Xiao Mie, has offered a variety of retail products since November 2020, including electronics, food and beverages, home appliances, cosmetics, jewelry, apparel, and personal care items sourced from third-party suppliers. The platform matches these products with users through online purchases.</p>\n<p>Since April 2022, QUANTGROUP has operated an online-to-offline (O2O) automotive retail platform called \"Consumption Map,\" primarily collaborating with car retailers to attract online traffic for offline purchases at local dealerships. Since 2024, the platform has also enabled consumers to purchase vehicles online on a smaller scale.</p>\n<p>The company considers marketplace suppliers on Yang Xiao Mie (including product suppliers and POP store operators) and automotive retailers on Consumption Map as its business partners. In a limited capacity, QUANTGROUP also provides advertising services to these partners.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02685","symbol_name":"量化派","start_time":0,"source_url":"","article_id":"1171012879","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1171012879","pubTimestamp":1764207504,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"QUANTGROUP (02685) made its market debut today. According to public data, the company priced its shares at HKD 9.8 per share, issuing a total of 13.3475 million shares with 500 shares per lot. The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02685":"量化派"},"translate_title":"QUANTGROUP(02685)登场大涨165.31%，电商平台“杨小灭”母公司","themeId":"7b432b337a35ee3eb060fad74eb86b4c","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02685":1},"content_text":"QUANTGROUP (02685) made its market debut today. According to public data, the company priced its shares at HKD 9.8 per share, issuing a total of 13.3475 million shares with 500 shares per lot. The net proceeds raised amounted to approximately HKD 12.37 million. At the time of writing, the stock surged 165.31% to HKD 26, with a trading volume of HKD 68.6676 million.\nPublic information shows that QUANTGROUP is a Chinese online marketplace operator. Its consumer e-commerce platform, Yang Xiao Mie, has offered a variety of retail products since November 2020, including electronics, food and beverages, home appliances, cosmetics, jewelry, apparel, and personal care items sourced from third-party suppliers. The platform matches these products with users through online purchases.\nSince April 2022, QUANTGROUP has operated an online-to-offline (O2O) automotive retail platform called \"Consumption Map,\" primarily collaborating with car retailers to attract online traffic for offline purchases at local dealerships. Since 2024, the platform has also enabled consumers to purchase vehicles online on a smaller scale.\nThe company considers marketplace suppliers on Yang Xiao Mie (including product suppliers and POP store operators) and automotive retailers on Consumption Map as its business partners. In a limited capacity, QUANTGROUP also provides advertising services to these partners.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1171012879","isCrawlerRequest":true}