Quhuo shares surge 19.85% premarket after announcing strategic partnership with Topliquidity.

Quhuo (QH) surged 19.85% in premarket trading following the announcement of a strategic partnership with Topliquidity and the expansion of blockchain technology to enhance cross-border operations, both reported on November 13, 2025. These developments signal the company’s commitment to innovation and operational efficiency, likely boosting investor confidence. Earlier news of an ADS ratio change in August 2025 and auditor changes in June 2025 were less immediately impactful, while older updates on earnings and partnerships did not align with the timing of the premarket rally. The recent partnerships directly correlate with the sharp price increase, reflecting optimism about Quhuo’s strategic initiatives.