On July 30, Qiyunshan Foods, which had just been listed on the Hong Kong Stock Exchange for less than a month, surged 50% in early morning trading, and the stock price reached a maximum of HK$90. However, this price has surged 10.25 times compared to the offering price of HK$8. Qiyunshan Foods has undoubtedly become one of the best-performing IPOs this year. In fact, at the IPO stage, the company was already favored by the new generation and was subscribed 1688.1 times. According to the prospectus, Qiyunshan Foods is a fruit snack company in China that mainly sells southern jujube food products. According to Insight Consulting, by 2025, in terms of retail sales, the company will account for 29.0% of China's jujube food market, ranking first in the industry.

Zhitongcaijing · 2d ago
On July 30, Qiyunshan Foods, which had just been listed on the Hong Kong Stock Exchange for less than a month, surged 50% in early morning trading, and the stock price reached a maximum of HK$90. However, this price has surged 10.25 times compared to the offering price of HK$8. Qiyunshan Foods has undoubtedly become one of the best-performing IPOs this year. In fact, at the IPO stage, the company was already favored by the new generation and was subscribed 1688.1 times. According to the prospectus, Qiyunshan Foods is a fruit snack company in China that mainly sells southern jujube food products. According to Insight Consulting, by 2025, in terms of retail sales, the company will account for 29.0% of China's jujube food market, ranking first in the industry.