HK Stock Market Move | JD INDUSTRIALS (07618) rose more than 13% to a new high during the day, the company has iteratively upgraded its AI model technology. Analysts expect its first-quarter revenue and profits to steadily increase.

JD INDUSTRIALS (07618) rose over 13% during trading to reach a high of 16.2 Hong Kong dollars, setting a new record high. As of the time of writing, it was up 7.77% at 15.4 Hong Kong dollars, with a trading volume of 1.12 billion Hong Kong dollars. On the news front, Huatai released a research report stating that it is expected that JD INDUSTRIALS' revenue growth in 1Q26 will accelerate compared to the full-year growth in 2025, mainly due to the rapid increase in the number of key enterprise customers with the help of the Taipu solution, and the growth in CKH HOLDINGS customer transaction retention rate. Specifically, the bank expects the company's total revenue in 1Q26 to increase by about 23-24% year-on-year. In terms of profit, it is expected that the company's non-IFRS net profit in 1Q26 will increase by over 35% year-on-year, mainly due to the improvement in gross profit margin brought about by the increased proportion of channel upstream transformation and product warehousing sales. According to the JD INDUSTRIALS blackboard report, the company announced on April 9th the construction plan and technological achievements of the industrial AI large model capabilities, stating that it is transitioning from the AI tools of phase 1.0 to the AI experts of phase 2.0. Huatai believes that the continuous development and implementation of relevant indexes and models may effectively improve the procurement compliance management level of connecting enterprises and reduce the threshold for use, which is expected to help increase the penetration rate of smart procurement and enhance the usage stickiness of JD INDUSTRIALS' relevant procurement.