--- title: "Hong Kong Stock Movement: IFBH clarifies rumors about external sugar, stock price surges 20.50%! Is market confidence rekindled or just a short-term rebound?" type: "News" locale: "en" url: "https://longbridge.com/en/news/277882231.md" description: "IFBH surged 20.50%; Superstar Legend rose 9.55%, with a transaction volume of HKD 308 million; WH Group had a transaction volume of HKD 190 million; Mengniu Dairy increased by 0.53%, with a transaction volume of HKD 184 million; Muyuan Foods rose 3.42%, with a market capitalization of HKD 245.6 billion" datetime: "2026-03-05T05:26:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277882231.md) - [en](https://longbridge.com/en/news/277882231.md) - [zh-HK](https://longbridge.com/zh-HK/news/277882231.md) --- # Hong Kong Stock Movement: IFBH clarifies rumors about external sugar, stock price surges 20.50%! Is market confidence rekindled or just a short-term rebound? **Hong Kong Stock Movement** IFBH surged 20.50%. Based on recent news, 1. On March 5, IFBH denied that its coconut water products contained added sugars, causing the stock price to soar. The company issued a statement clarifying false information online regarding the addition of external sugars to its products, emphasizing that its 100% coconut water products do not contain any added sugars or external water. The stock price once rose by 50%, ultimately closing at HKD 13.04, an increase of 24.3%. 2. On March 4, IFBH clarified rumors about added sugars, leading to a rebound in stock price. The company stated that its products strictly adhere to natural and pure production standards and have received ingredient certification from the Thai Food and Drug Administration. The stock closed at HKD 10.49, down 6.5%. 3. On March 2, IFBH was embroiled in a controversy over added sugars, causing the stock price to decline. The company's coconut water brand, Yifu if, issued a statement denying the related false information, emphasizing that the product does not contain any added sugars or water, and the stock price continued to decline. The competition in the coconut water industry has intensified, and market order urgently needs regulation. **Stocks with High Trading Volume in the Industry** Juxing Legend rose 9.55%, with a trading volume reaching HKD 308 million, and there has been no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. WH Group's trading volume reached HKD 190 million. Based on recent key news: 1. On March 4, Bank of America Securities raised WH Group's target price by 29% to HKD 11, maintaining a "Buy" rating. Bank of America expects net profit growth of 6% and 7% for the fourth quarter and the full year of 2025, respectively, exceeding market expectations, reflecting improved profitability in the U.S. pork business. Source: Economic Information Daily 2. On March 4, Bank of America Securities noted that WH Group's enterprise value to EBITDA multiple for its U.S. business was raised to 7.8 times, approaching the level of its U.S. peers. It is expected that operating profit for the U.S. business will grow by over 10% in the fourth quarter of 2025, mainly due to robust profitability in pork production. Source: Economic Information Daily 3. On March 4, Bank of America Securities predicted that WH Group would record low single-digit operating profit growth in 2026, mainly driven by the packaged meat business due to margin recovery. Source: Economic Information Daily The overall industry performance is stable, with limited macroeconomic impact. Mengniu Dairy rose 0.53%. Based on recent key news: 1. On March 5, Miao Ke Lan Duo accelerated its business layout relying on Mengniu's ecosystem, promoting the development of the cheese industry. Mengniu's quality control standards and R&D system injection help Miao Ke Lan Duo enhance product competitiveness, further consolidating its leading position. The cheese sector is in a high growth cycle, and Miao Ke Lan Duo, as an industry benchmark, has a clear and reliable long-term growth logic. Source: Zhitong Finance 2. On March 2, with the upcoming National Two Sessions, milk prices are stabilizing, and market demand is growing. New Hope Group Chairman Liu Yonghao stated that milk prices will gradually return to normal, driving domestic industry development. Source: Wall Street Insights On March 2, COFCO Technology collaborated with brands such as Mengniu to promote the testing and launch of D-allulose products. The company leveraged its advantages in fructose syrup raw materials to quickly respond to market demand, completing production line upgrades and increasing capacity. Source: Jinshi Data. The cheese industry is growing rapidly, with strong market demand. **Stocks ranked among the top in industry market capitalization** Muyang Co., Ltd. rose by 3.42%. Based on recent key news: 1. On March 4, Pandanus Partners L.P. increased its holdings in Muyang Co., Ltd. by 1.061 million shares, raising its ownership ratio to 10.25%. This move demonstrates investor confidence in Muyang Co., Ltd., driving the stock price up. Source: Zhitong Finance. 2. On March 4, Muyang Co., Ltd. Chairman Qin Yinglin stated at the National Two Sessions that the company will promote high-quality development in the pig farming industry through intelligent upgrades. This news boosted market expectations for the company's future growth. Source: Securities Times. 3. On March 5, analysts pointed out that although there is an oversupply of live pigs in the short term, companies may support a temporary rebound in pig prices through frozen product storage and secondary fattening restocking, which is favorable for Muyang Co., Ltd. Source: Wenxin. The pig industry is in a deep bottoming period, and attention should be paid to capacity reduction ### Related Stocks - [06603.HK](https://longbridge.com/en/quote/06603.HK.md) ## Related News & Research - [Oops! 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