HK Stock Market Move | IFBH(06603) rose nearly 6% in the final trading session, with the lock-up period for cornerstone investors set to expire in six months.
IFBH(06603) rose nearly 6% at the close, up 5.74% to HKD 15.48 at the time of publication, with a turnover of HKD 40.99 million.
IFBH(06603) rose nearly 6% in the last trading session, as of writing, it was up by 5.74% to HK$15.48, with a trading volume of HK$40.9915 million.
Public information shows that IFBH focuses on coconut-based beverages and owns two major brands, if and Innococo. According to a report by Zhuoshi Consulting, the company has been the top player in the coconut water beverage market in mainland China for five consecutive years since 2020, with a market share of approximately 34% in 2024, more than seven times higher than the second-largest competitor.
It is worth noting that the lock-up period for IFBH cornerstone investors is about to expire in six months. According to the company's previous announcement, cornerstone investors are required to adhere to the lock-up commitment until the final date of December 29, 2025. Data shows that a total of 11 shareholders of IFBH will be unlocked this time, with a cumulative unlocking of 11.15 million shares.
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