Reitar Logtech shares surge 16.54% intraday after partnering with Xianmu on tokenized smart supply chain ecosystem.

Reitar Logtech surged 16.54% intraday following the announcement of a partnership with Xianmu Technology to create a tokenized smart supply chain ecosystem. The collaboration, disclosed on October 10, 2025, aims to serve 300,000+ casual catering businesses in China and leverage AI-driven solutions. This strategic move underscores the company’s expansion into innovative supply chain technologies, positioning it to capitalize on global food industry digitalization trends. The news aligns with recent partnerships, including a Qatari e-commerce fulfillment project, but contrasts with prior bearish ratings from analysts. The intraday rally suggests investor optimism over the firm’s pivot toward blockchain and AI integration in logistics.