On July 8, Quantgroup (02685.HK) declined 6.96% in regular trading, trading at 15.29 HKD/share, with turnover of approximately 44.32 million HKD. The stock experienced profit-taking following the previous trading day's dramatic surge of nearly 70%, which saw single-day turnover reach 9.8 billion HKD.

The prior session's rally was driven by announcements that the company had completed four rounds of embodied AI technology validation in catering back-kitchen scenarios, covering tasks including sandwich flexible preparation, shopping bag sorting, and cross-device collaborative tea-making. Additionally, the company's subsidiary Silicon Intelligence signed a strategic cooperation framework agreement with Beijing Ruihong to advance commercialization of embodied intelligent robots in home services, commercial scenarios, and automobile showrooms.

However, the company has repeatedly cautioned that these projects remain in R&D and exploration stages and are not expected to materially impact revenue or business structure. On July 7, the stock also triggered the market volatility adjustment mechanism, entering a cooling-off period during its intraday surge.

(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.)