HK Stock Market Move | JIA YAO HLDGS(01626) rises nearly 36% in the morning, the company has officially launched CBD-related business, with its products mainly sold in Europe and North America.

JIA YAO HLDGS (01626) rose nearly 36% in the morning session, rising 35.94% to HK$7.64 by the time of publication, with a turnover of HK$150.479 million. On the news front, on April 21, JIA YAO HLDGS announced that the group has been focusing on the field of health and biopharmaceuticals in recent years. In April 2026, the group officially started CBD-related business. Currently, the group mainly engages in purchasing CBD from China and exporting it to skincare, cosmetics, and pharmaceutical companies in Europe and North America. The group has established a dedicated operation team for this business, with core members having relevant industry experience. As of the date of this announcement, the group has obtained necessary qualifications and licenses for the related business. At present, the group mainly uses its supply chain advantage to provide CBD to overseas markets at competitive prices. As of the date of this announcement, although the related business is still in the early stage of development, substantial trade contracts have been signed, resulting in actual sales revenue and payments. The group plans to gradually explore the feasibility of extending downstream end products (such as beauty and personal care, pet health, etc.) on the basis of deepening the existing European and Southeast Asian markets. The group will also continue to invest in research on related applications, including planning to discuss product development cooperation with academic institutions.