HK Stock Market Move | LIULIUMEI (06658) surged over 21% in the morning session after being included in the list of stocks eligible for Northbound trading under the Stock Connect. The company focuses on its main business of green plums and is driven by a dual approach of deepening its core operations and the second curve of frozen plums.

LIULIUMEI (06658) surged over 21% this morning. As of the time of writing, it has risen by 21.45%, priced at HKD 150.6, with a transaction volume of HKD 41.5989 million. On the news front, on September 4, the Shanghai Stock Exchange issued a notice regarding the adjustment of eligible stocks for the Hong Kong Stock Connect, and LIULIUMEI has been included in the list of eligible stocks for the Stock Connect, effective September 7. Recently, LIULIUMEI announced its mid-term results for 2026, reporting revenue of RMB 1.061 billion, an increase of 10.63% year-on-year; the profit attributable to shareholders reached RMB 141 million, marking a year-on-year increase of 33.46%. The increase in profit during the period is primarily due to an improvement in gross margin and a significant expansion in revenue, combined with refined control of administrative expenses resulting in a year-on-year decrease. Multiple favorable factors have collectively driven a significant improvement in profitability. Huaxi pointed out that LIULIUMEI is concentrating resources on deeply cultivating its core business in green plums and the secondary curve of preserved plums, with strong potential to fully enjoy the benefits of being a leading player in a segmented category. From a business perspective, the traditional dried plum business serves as the companys foundational base, which needs continuous flavor iteration and customized channel offerings to maintain its core base amid intensifying competition; the innovative business of western plums and preserved plums is poised for expansion, opening up growth ceilings; new products such as seasonings and green plum gummies are being steadily incubated to broaden the boundaries.