---
title: "Hong Kong stocks narrowed their gains in the afternoon, with several newly listed stocks plummeting sharply. Dongfang Kema and Qiyunshan Food each fell by 30%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292283095.md"
description: "The Hong Kong stock market's afternoon gains narrowed, with the Hang Seng Index reporting 24,265 points, up nearly 1%. Dragged down by A-shares, several newly listed stocks plummeted: QIYUNSHAN FOOD fell by 30%, DKE dropped nearly 30%, and RECONOVA and CREALIGHTS also saw significant declines"
datetime: "2026-07-10T07:03:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292283095.md)
  - [en](https://longbridge.com/en/news/292283095.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292283095.md)
---

# Hong Kong stocks narrowed their gains in the afternoon, with several newly listed stocks plummeting sharply. Dongfang Kema and Qiyunshan Food each fell by 30%

Mainland A-shares' three major indices turned down in the afternoon, with the Shanghai Composite Index currently down 0.7% at 4,007 points. The Shenzhen Component Index and the ChiNext Index fell approximately 1.9% and 3.9%, respectively, at 15,106 and 3,861 points. The Hang Seng Index opened high this morning (10th) with a gain of 183 points, reaching a high of 24,499 points, but narrowed its gains in the afternoon due to the drag from A-shares, currently reported at 24,265 points, up 235 points or nearly 1%.

Several newly listed stocks have significantly declined. QIYUNSHAN FOOD (02797.HK), which was listed yesterday (9th), is currently at HKD 14.16, down 32.57%, with a transaction volume of HKD 19.1935 million. The stock's listing price was HKD 8.

Similarly, DKE (01770.HK), also listed yesterday, is currently at HKD 56.1, down 29.87%, with a transaction volume of HKD 23.598676 million. The stock's listing price was HKD 78.64.

RECONOVA (07656.HK), a mainland visual intelligence AI company listed the day before yesterday (8th), is currently at HKD 18.72, down 18.61%, with a transaction volume of HKD 96.7745 million. The stock's issue price was HKD 21.66.

CREALIGHTS (01191.HK), listed on June 29th, is currently at HKD 148.1, down 20.93%, with a transaction volume of HKD 99.6979 million. The stock's listing price was HKD 114

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