HK Stock Market Move | ZJLD(06979) rose by more than 4% again, the company claims it is to ensure the healthy operation of the market and some regions will temporarily stop promoting Big Zhen, a marketing campaign.

ZJLD (06979) rose by more than 4%, and as of the time of publication, it rose by 4.12%, reaching HK$8.6 with a trading volume of HK$31.73 million. On the news front, on December 19, Guizhou Zhenjiu issued a notice on the temporary suspension of Dazhen investment in some regions. It mentioned that the Dazhen project, as an important innovative measure of the company during the industry's deep adjustment period, has been steadily progressing since its launch and has achieved significant results. To ensure the healthy operation of the market, the company announced the decision to temporarily suspend investment in 36 regions on November 9. It has now been a month and the company has decided to announce the second batch of regions where investment will be temporarily suspended. It is worth noting that on December 9, ZJLD Group Chairman Wu Xiangdong opened the fifth large live broadcast with the theme of "Our 200 Days". He revealed that in the 200 days since the listing of Dazhen Zhenjiu, it has been selling well in 31 provinces and 280 cities nationwide, with a return of 580 million yuan, becoming the top-selling new product of middle and high-end liquor nationwide. The long-term goal is to become a super product with a sales volume of 30 billion. He also announced that a new top-notch beer product with a higher positioning and a price increase of another hundred yuan is currently in the works.