---
title: "Qiyunshan Food plummets 31% in Hong Kong trading after listing surge"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292276421.md"
description: "Qiyunshan Food (2797.HK) fell 30.9% to HK$14.51 during regular trading, reversing yesterday's 162.5% debut gain."
datetime: "2026-07-10T05:40:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292276421.md)
  - [en](https://longbridge.com/en/news/292276421.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292276421.md)
---

# Qiyunshan Food plummets 31% in Hong Kong trading after listing surge

Qiyunshan Food (2797.HK) tumbled 30.9% in Hong Kong trading to HK$14.51 on July 9, 2026.

The company made its market debut yesterday with an IPO price of HK$8, closing up 162.5% at HK$21 and briefly surging over 200%. As a leader in the southern date food sector, its prospectus received 1,688-fold oversubscription. The stock is now undergoing a significant correction following yesterday's sharp rally.

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