HK Stock Market Move | MAO GEPING (01318) rose by over 5% to reach a new high, with the possibility of being included in the Hang Seng Composite Index. The pre-order numbers for the 3.8 promotion are impressive.

MAO GEPING (01318) rose more than 5%, reaching a new high since listing at HKD 79.6. As of the time of writing, it increased by 5.37%, reaching HKD 79.4, with a trading volume of 69.6585 million HKD. On the news front, Hang Seng Index Company recently announced the latest quarterly review results, with MAO GEPING included in the Hang Seng Composite Index. The adjustment will take effect from March 10, 2025. According to a CITIC SEC research report, MAO GEPING may be included in the Hong Kong Stock Connect, as it meets a series of criteria including market value, liquidity, and listing time. Minsheng Securities stated that with MAO GEPING included in the Hang Seng Composite Index, it is expected to further open up valuation space by entering into the Stock Connect program. It is worth mentioning that on the evening of February 27th, Li Jiaqi's livestream room launched a pre-sale for the 3.8 promotion. According to Qingyan Intelligence statistics, the first live broadcast of beauty products had a GMV exceeding 930 million RMB, a year-on-year increase of 2.5%. In terms of the magnitude of ranking improvement, MAO GEPING saw a significant increase, rising 14 places to sixth position, with a total of 5 products listed, three of which had pre-orders exceeding ten thousand.