On June 18, QuantGroup (02685.HK) rose 14.92% at open, trading at 12.86 HKD/share, with turnover of 6.3593 million HKD. The stock has been highly active in recent sessions amid a broader rally in Hong Kong-listed physical AI names.

On the news front, the company announced it has completed the acquisition of an ICP (Internet Content Provider) licensed company through a consolidated affiliated entity. QuantGroup plans to leverage this license to launch a new consumer e-commerce platform focused on healthy living, personal efficiency enhancement, and emotional companionship, with product categories spanning smart devices, smart hardware, and high-tech products. The board stated the acquisition will accelerate the new platform's launch timeline and strengthen core technology capabilities.

QuantGroup, positioned as a rare Hong Kong-listed platform combining AI with consumer scenarios, formally established its Intelligent Species strategy earlier this year, extending from consumer technology into physical AI with embodied intelligence solutions targeting real-world settings such as food service and open environments. The stock recorded a cumulative gain exceeding 62% over five trading days in early June.

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