HK Stock Market Move | LIULIUMEI(06658) rose more than 19% to reach a new all-time high since its market debut, with an increase of over 270% compared to its IPO price.

LIULIUMEI (06658) surged more than 19%, reaching a high of HK$165 to set a new record high since its IPO, more than 2.7 times higher than the IPO price of HK$43.58. As of the time of writing, it has risen by 18.94% to HK$163.9, with a turnover of HK$4844.23 million. It is reported that LIULIUMEI is a fruit snack company focused on plum products. Since launching the classic brand "LIULIUMEI" in 2001, the company has been committed to deepening the technology of plum products and exploring the culinary potential of plum sourness. According to Frost & Sullivan's data, by 2024, the company ranks first in the retail sales of fruit snacks in China, with a market share of 4.9%. The company's plum jelly, launched in 2019, quickly caught the attention of consumers. By 2024, the company ranks first in China's natural ingredient jelly industry (by retail sales), with a market share of 45.7%.