Zhi Tong Cai Jing·2026-03-12 12:44Core Viewpoint - Hong Kong Technology Exploration (01137) reported a slowdown in its electronic commerce business performance for February 2026, indicating a decline in key metrics compared to the previous month [1] Group 1: Business Performance - The average daily order total merchandise transaction value decreased by 8.0% month-on-month to HKD 21.9 million in February 2026, down from HKD 23.8 million in January 2026 [1] - The total merchandise transaction value for monthly orders fell by 16.9% month-on-month to HKD 614 million in February 2026, compared to HKD 739 million in January 2026 [1] Group 2: Customer Metrics - The number of independent customers declined to 589,000 in February 2026, down from 640,000 in January 2026; however, this figure remains higher than the 562,000 independent customers in February 2025, indicating a stable customer base [1]