HK Stock Connect Insight | LIULIUMEI (06658.HK): Up About 26.45% Since Stock Connect Inclusion as H1 Revenue Grows 10.6% YoY

NewTimeSpace News: On November 6, 2026, LIULIUMEI closed at HKD 156.80, down 0.82% for the day, with turnover of HKD 13.9956 million.

According to public information, LIULIUMEI listed on the Main Board of the Stock Exchange on June 15, 2026 at an offer price of HKD 43.58 per share, with a global offering of approximately 11.4641 million H shares and net proceeds of approximately HKD 440 million. Its Hong Kong public offering was oversubscribed 6,586.73 times.

At present, since its listing on June 15, 2026, the company's share price has ranged from a high of HKD 216.60 to a low of HKD 91.00. As of November 6, 2026, the share price closed at HKD 156.80, approximately 259.8% above the offer price of HKD 43.58. Since its Stock Connect inclusion, the share price has risen from HKD 124.00 at the close on September 7, 2026 to HKD 156.80, a cumulative gain of approximately 26.45%.

It is understood that Hang Seng Indexes Company published the results of its quarterly review of the Hang Seng Index series for the period ended June 30, 2026 on August 21, 2026, under which LIULIUMEI was included in the Hang Seng Composite Index, with the constituent changes effective from September 7, 2026; the Shanghai and Shenzhen stock exchanges subsequently adjusted their respective lists of Stock Connect eligible securities, and the company's H shares have been included in the list of Stock Connect eligible securities since September 7, 2026.

LIULIUMEI is a fruit-based snack company focusing on plum products and listed on the Stock Exchange in June 2026. The company offers three major categories, namely dried plum snacks, prune products and plum jelly. According to Frost & Sullivan, the company ranked first in China's fruit-based snack industry by retail sales in 2024, with a market share of 4.9%.

On the financial front, the company's total revenue for the first half of 2026 was RMB 1.061 billion, up 10.6% year on year; profit for the period was RMB 141 million, up 33.5% year on year; and gross margin was 37.3%, up 2.7 percentage points year on year.

A research report by Sealand Securities noted that the company achieved steady revenue growth and a marked improvement in profitability in the first half of 2026; the revenue contribution of dried plum snacks declined, while revenue from prune products and plum jelly grew 34.6% and 15.9% year on year respectively, with their contributions continuing to rise.