On October 8, QUANTGROUP fell 8.71% intraday to HK$3.81, with turnover of HK$6.77 million. The decline follows the completion of its general-mandate placement, which created lingering equity dilution pressure. The company placed 42.908 million shares at HK$3.40 apiece on September 28, raising net proceeds of approximately HK$144 million and expanding issued share capital by roughly 7.63%. Each share was issued at a 15.32% discount to the pre-announcement closing price. On fundamentals, interim revenue dropped 14.0% year on year to RMB437 million and attributable profit fell 78% to RMB29.52 million, while core e-commerce platform Yangxiaomi posted GMV of RMB3.3 billion, down from RMB5.5 billion a year earlier, pointing to clear contraction in the main business.

(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.)