HK Stock Market Move | WL DELICIOUS (09985) rose by over 8% and was included in the Hang Seng Composite Index. Institutions expect its inclusion to drive up its valuation.

WL DELICIOUS (09985) rose more than 8%, up 8.17% at the time of publication, to HK$8.61, with a turnover of HK$60.304 million. On the news front, on February 21st, Hang Seng Index Company announced the latest quarterly review results, in which WL DELICIOUS was included in the Hang Seng Composite Index component stocks. All changes will be implemented after the market close on March 7, 2025, and will take effect from March 10, 2025. According to CITIC SEC research report, WL DELICIOUS is likely to be included in the Hong Kong Stock Connect as it meets a series of criteria including market value, liquidity, and listing time. Founder released a research report stating that as companies are about to re-enter the Stock Connect due to adjustments in the Hang Seng Index, liquidity is expected to improve. As a leader in spicy snacks, the company's valuation is expected to benefit from the Stock Connect inclusion. In addition, with the continuous optimization of the company's distribution structure, continuous product innovation, and rapid growth in performance over the past 24 years. In terms of products, spicy snack products continue to grow steadily, segmented products such as "MaLa" continue to have high growth rates, konjac series products benefit from category popularity and achieve rapid growth, and the company launches activities with increased quantity without increased prices to achieve high quality-price ratio. Seaweed products have been the best-selling nationwide for four consecutive years, maintaining a high growth momentum.