Movement Alert|Ming Lue Technology-W Rises 6.73% in Regular Trading, Agentic AI White Paper Release and WeChat AI Assistant Launch Provide Dual Catalysts

Market Focus
06/24

On June 24, Ming Lue Technology-W rose 6.73% in regular trading, trading at 240.4 HKD/share, with turnover of 11.1441 million HKD. The rally was driven by the release of an enterprise-level AI Agent industry white paper and the grey-scale launch of WeChat AI assistant Xiao Wei.

According to the white paper published by the China Communications Industry Association, China's enterprise-level AI Agent market reached 21.2 billion yuan in 2025, is expected to double to 44.9 billion yuan in 2026, and may exceed 332 billion yuan by 2029, representing a CAGR of 107%. Meanwhile, WeChat's Xiao Wei enables users to interact with AI directly from the main interface for consumption and service calls. As an Agentic AI application-layer company, Ming Lue Technology has been highlighted by multiple brokerages for its long-term growth potential.

The stock had previously retreated due to an upcoming lock-up expiry on July 31 involving approximately 85% of total shares. The current rebound is viewed as a technical recovery fueled by industry-level catalysts.

(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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