On August 13, QUANTGROUP rose 8.85% in regular trading, trading at 4.83 HKD/share, with turnover of 331 million HKD.
On the news front, the physical AI and embodied intelligence sector continues to attract market capital, with QUANTGROUP being one of the few HK-listed stocks engaged in physical AI base model research and development. The company previously completed a directed placement with industrial capital Guofu Quantum, raising approximately 59.7 million HKD in net proceeds, of which 40% is allocated to smart hardware procurement and commercialization expansion, and 30% to physical AI base model R&D.
It should be noted that the company's physical AI business remains in the R&D testing phase without scaled commercial revenue. Additionally, its core platform Yangxiaomei faces compliance concerns, and the stock has experienced significant pullbacks from previous highs, including a decline exceeding 57% on July 28 triggered by sustained market worries over regulatory risks associated with its installment shopping model.
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