The Zhitong Finance App learned that Mingchuang Premium (09896) rose by more than 4%. As of press release, it had risen 4.28% to HK$20.2, with a turnover of HK$304,182 million.

According to the news, recently, Mingchuang Premium released operating data for the third quarter. CICC pointed out that although the base figure has increased, the company's total GMV in mainland China increased by 25%-30% year-on-year in the third quarter of 2026, further accelerated from the first half of the year, mainly driven by high-single-digit same-store growth. The overseas market performance of Mingchuang Premium is basically in line with the company's guidelines. GMV in the US market increased by about 20% year on year; among them, with the arrival of new products, the GMV growth rate in the US market rebounded to more than 30% year on year in September, and achieved positive year-on-year growth at the same store.

CICC believes that with the arrival of the peak season in the fourth quarter, the pallet problem in the US market will be further optimized and improved, and it is expected that Mingchuang Premium will continue to improve its subsequent business performance.

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