HK Stock Market Move | DMALL (02586) rose more than 10%. The company focuses on retail digitalization. Institutions suggest paying attention to high-quality channels for domestic demand.

DMALL (02586) rose by more than 10%, with the stock surging over 26% yesterday. As of the time of writing, it has risen by 10.19%, trading at HK$12.98 with a turnover of HK$1.58 billion. On the news front, in recent times, Wumart Group announced the opening of a "foreign trade to domestic sales" fast green channel, opening a "foreign trade quality goods zone" across all channels and opening up the Wumart intelligent supply chain system. It is reported that through cooperation with Wumart, DMALL has gradually developed and improved comprehensive and multi-channel digital solutions for the retail industry, developing rich modules from procurement, logistics, inventory to products, stores, headquarters management, and gradually expanding well-known customers such as Reebok, Xinhua, Dairy, and Lawson. Its Dmall OS system has become a leading retail digital solution in the country. Opensource Securities point out that under the background of uncertainty caused by policies such as tariffs affecting external demand, the boost in domestic consumption and the rise of domestic brands will be an inevitable trend, and it is recommended to pay attention to quality retail channels and differentiated consumer brands focusing on the domestic market. China Securities Co., Ltd. point out that as a provider of comprehensive and all-round digital solutions, the company can expand horizontally from supermarkets to other retail formats. With a better payment foundation in the retail vertical, along with the landing of AIoT applications, seizing the development dividend of AI+retail, developing more effective modules, and continuously improving per customer spending.