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‘Semi-new stock’ LiuLiu Mei (06658.HK) rose as much as 6.4% to hit a record high since listing, surging 3.2-fold in less than three weeks since its IPO.
Liu Liu Mei (06658.HK), a recently listed company, opened slightly higher today (3rd) and extended its gains, at one point rising 6.4% to an intraday high of HK$186.8, marking a new all-time high since listing. It is currently trading at HK$184.1, up 4.9%, with turnover of 127,600 shares worth HK$23.183 million. The company specializes in plum-based fruit snacks and was listed on June 15 at an IPO price of HK$43.58, raising net proceeds of approximately HK$440 million. Joint sponsors were CITIC Securities and Guoyuan International. Having been listed for less than three weeks, the stock has surged more than 3.2 times from its IPO price.
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Liu Liu Mei surged intraday to a record high since its listing, rising more than 270% above its IPO price.
Liu Liu Mei (06658.HK) surged more than 19%, reaching a record high of HK$165—its highest since listing—and has now risen over 2.7 times from its IPO price of HK$43.58.
Hong Kong Stock Market Movement | LiuLiu Mei (06658) Surges Over 19%, Hitting a Record High Since Listing; Up Over 270% from IPO Price
Liu Liu Mei (06658.HK) surged more than 19%, reaching a record high of HK$165—its highest since listing—and has now risen over 2.7 times from its IPO price of HK$43.58.
Top-performing Hong Kong-listed stocks this week | Liu Liu Mei surged more than threefold in its debut week, with a market capitalization exceeding HK$10 billion, and plans to further expand into overseas markets over the next three years; Zhipu AI rose n
This week, the Hang Seng Index declined by 3.21% cumulatively, closing at 23,924.81 points; the Hang Seng Tech Index fell by 2.14% over the same period, ending at 4,604.35 points; and the Hang Seng China Enterprises Index dropped by 4.76%, closing at 7,976.04 points.
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