--- title: "Hong Kong stock movement: STARPLUS LEGEND's stock price fell by 15.58%. Can the new album launch event restore market confidence?" type: "News" locale: "en" url: "https://longbridge.com/en/news/279546136.md" description: "STARPLUS LEGEND fell 15.58%; Mengniu Dairy rose 0.36%, with a transaction volume of HKD 123 million; Muyuan Foods fell 4.18%, with a transaction volume of HKD 119 million; Dekang Agriculture fell 7.33%, with a transaction volume of HKD 104 million; Haitian Flavoring & Food fell 0.11%, with a market value of HKD 209.4 billion" datetime: "2026-03-18T06:52:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279546136.md) - [en](https://longbridge.com/en/news/279546136.md) - [zh-HK](https://longbridge.com/zh-HK/news/279546136.md) --- # Hong Kong stock movement: STARPLUS LEGEND's stock price fell by 15.58%. Can the new album launch event restore market confidence? **Hong Kong Stock Movement** STARPLUS LEGEND fell 15.58%. Based on recent key news: 1. On March 16, Jay Chou announced the release conference and tour plan for his new album, driving up the stock price of STARPLUS LEGEND. Reports indicate that the new album will be released on March 24, and the tour will kick off in April, attracting market attention, with the stock price rising over 12% at one point. Source: Zhitong Finance 2. On March 10, Yingli Securities released a research report emphasizing the star IP matrix and the pan-entertainment industry chain ecology of STARPLUS LEGEND, enhancing market confidence. The report pointed out its innovative commercialization framework and its own traffic conversion capabilities, further driving up the stock price. Source: Zhitong Finance 3. There have been no other significant news recently. The entertainment industry is driven by innovation, with high market attention. **Stocks Ranking High in Industry Transaction Volume** Mengniu Dairy rose 0.36%. Based on recent key news: 1. On March 18, Mengniu promoted its main business into a virtuous cycle through channel refinement and price control, making progress in business structure optimization, which helped boost the stock price. Source: Zhitong Finance 2. On March 18, Mengniu's expansion in high-growth sectors and the implementation of the "one body, two wings" strategy enhanced market confidence, driving up the stock price. Source: Zhitong Finance 3. On March 16, industry analysis pointed out that the dairy industry is seeing signs of recovery, and Mengniu's deep processing layout and high-end category expansion provide support for its future development. Source: Zhitong Finance. The dairy industry faces dual pressure from upstream and downstream, with significant challenges during the transformation period. Muyuan Foods fell 4.18%. Based on recent key news: 1. On March 16, Muyuan Foods completed the issuance of 500 million yuan in green technology innovation bonds at an interest rate of 1.98%. This move aims to optimize the financing structure and reduce financing costs, but it failed to boost market confidence, leading to a decline in stock price. 2. On March 16, an industry conference proposed capacity control responsibilities, indicating that pig prices still have room to decline in the short term. Due to industry pressure on slaughter and rising feed costs, pork prices may continue to drop, affecting Muyuan Foods' stock price. 3. On March 16, Muyuan Foods announced its medium-term note issuance plan, but the optimization of the financing structure failed to alleviate market concerns about the industry's outlook, resulting in a decline in stock price. The pork industry faces capacity control and price pressure. Dekang Agriculture fell 7.33%. Based on recent news: 1. On March 16, an industry conference proposed establishing a filing system to further solidify enterprises' responsibilities for capacity control, helping the industry move away from "involution" competition. If the capacity control targets are strictly implemented, combined with the passive capacity reduction driven by the current deep losses in the industry, the bottom of this round of pig price increase cycle is expected to be solidified in the second half of 2026. In the short term, pig prices remain difficult to be optimistic, with room for further decline in live pig prices. This is mainly due to the current industry slaughter weight still being historically high for the same period, and the increase in the number of newborn piglets year-on-year corresponding to the slaughter pressure in the first half of this year. Capacity reduction is not an overnight process, especially since pig farming objectively has a fattening cycle of about 10 months, combined with the current high inventory, rising feed costs, pork consumption being in the off-season, and restrictions on secondary breeding, live pig prices may continue to decline in the short term During this round of loss phase, the actions of large listed pig companies need to be closely monitored. If companies proactively reduce the pace and scale of hog slaughter to ensure cash flow safety, it is expected to drive capacity clearance across the industry and push up pork prices. The pork industry is facing de-capacity pressure, and there is still room for price decline in the short term. **Stocks ranked at the top of the industry by market capitalization** Haitian Flavor Industry fell by 0.11%. Based on recent news, 1. On March 16, Haitian Flavor Industry announced that it will hold a board meeting on March 26 to review and approve the annual performance for the year ending December 31, 2025, and consider the payment of the final dividend at the meeting. This news has attracted market attention, leading to slight fluctuations in the stock price. The market has high expectations for the company's annual performance and dividend payment ### Related Stocks - [06683.HK](https://longbridge.com/en/quote/06683.HK.md) ## Related News & Research - [4 AI models were asked to run profitable radio stations. Claude tried to quit. Grok struggled to start.](https://longbridge.com/en/news/286507282.md) - [China Set To Show Its Consumption Slump Extends To Another Quarter](https://longbridge.com/en/news/286681865.md) - [Miami Fashion Week Announces the Inaugural Virtual Fashion Awards Gala at Queen Miami Beach on May 21, 2026](https://longbridge.com/en/news/286597466.md) - [Micromem Technologies Inc. Receives Approval from the Department of Defence on Wearable Gas Sensing Project Go-Forward Plans | MMTIF Stock News](https://longbridge.com/en/news/286959716.md) - [We Wouldn't Be Too Quick To Buy Vimi Fasteners S.p.A. (BIT:VIM) Before It Goes Ex-Dividend](https://longbridge.com/en/news/286366517.md)