HK Stock Market Move | BUSYMING(01768) rose nearly 5% in the final trading session. In recent days, its brand new immersive snack experience space, Snack Kingdom, has officially opened.
Ming Ming is very busy (01768), with a nearly 5% increase in the final trading session. As of the time of writing, it is up 4.25%, at $417 Hong Kong dollars, with a trading volume of 1.56 billion Hong Kong dollars.
BUSYMING (01768) rose nearly 5% at the close, up 4.25% at a price of HK$417 as of press time, with a turnover of HK$156 million.
In terms of news, recently, BUSYMING's new immersive snack experience space, Snack Kingdom, officially opened at Furong Plaza in Changsha, Hunan. With a business space of 12,000 square meters, over 6500 global brands, and over 35,000 snacks, Snack Kingdom has received the Guinness World Record certification for "world's largest snack store" with its "super abundant snacks and large area". Industry insiders stated that Snack Kingdom, with its Guinness-level scale, open industry platform, and innovative consumption scenarios, not only redefines the snack retail format, but also builds a bridge that connects global flavors, Chinese manufacturing, and urban vitality. It is expected to become a new business card for consumerism in Changsha, injecting new energy into "boosting consumption and expanding domestic demand".
It is reported that Snack Kingdom is now open for long-term cooperation with food manufacturers and brands worldwide. Snack Kingdom belongs to the BUSYMING Group and is a different operating entity from "Snacking is Busy & Zhao Yiming Snacks". The two entities have independent product selection systems. The former focuses on "all categories, multi-brands, abundant choices, and platform development", while the latter continues the logic of "high-quality, exquisite selection". Although the two systems operate independently, good brands and products that perform well in Snack Kingdom may potentially enter the selection range of "Snacking is Busy & Zhao Yiming Snacks". Once they meet their high standards for product selection, there will be a greater possibility of cooperation with a wider range, reaching more consumers.
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