--- title: "Hong Kong Stock Movement: QIYUNSHAN FOOD surges 24.89%, leading the South Jujube sector" type: "News" locale: "en" url: "https://longbridge.com/en/news/294441362.md" description: "QIYUNSHAN FOOD surged 24.89%; Mengniu Dairy fell 2.37%, with a transaction volume of HKD 148 million; WH Group fell 1.16%, with a transaction volume of HKD 69.29 million; Andeli Juice rose 14.06%, with a transaction volume of HKD 27.56 million; Haitian Flavoring & Food fell 2.78%, with a market value of HKD 191.2 billion" datetime: "2026-07-31T02:08:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294441362.md) - [en](https://longbridge.com/en/news/294441362.md) - [zh-HK](https://longbridge.com/zh-HK/news/294441362.md) generator: "portal-rs" --- # Hong Kong Stock Movement: QIYUNSHAN FOOD surges 24.89%, leading the South Jujube sector **Hong Kong Stock Movement** QIYUNSHAN FOOD surged 24.89%. Based on recent key news: 1. On July 30, QIYUNSHAN FOOD soared 50% on the Hong Kong Stock Exchange, with a peak price of HKD 90. The stock has performed impressively since its listing, rising 10.25 times from its IPO price, attracting strong market attention. Source: Daily Economic News 2. On July 30, QIYUNSHAN FOOD's stock price skyrocketed to HKD 94.20, more than 10 times its IPO price. The company dominates the southern jujube food market in China, attracting strong buying interest. Source: Bloomberg 3. On July 30, QIYUNSHAN FOOD's stock price rose over 21% in Hong Kong trading, reaching its highest level since listing. The stock surged sharply in a short period, indicating strong market interest. Source: CNBC The southern jujube market share leads, attracting investor attention. **Stocks with High Trading Volume in the Industry** Mengniu Dairy fell 2.37%. Based on recent news, 1. On July 30, changes in the domestic consumption market prompted Mengniu to optimize its product structure, develop deep-processed dairy products, enhance the value chain, and promote the revitalization of the dairy industry. This move aims to escape low-end homogeneous competition, enhance competitiveness in the international market, and increase stock price volatility. 2. On July 30, data from the Shandong Dairy Association showed a significant rise in raw milk prices, reflecting tight supply and demand for fresh milk. On the supply side, the number of dairy cows has decreased, while on the demand side, the rise of deep processing demand has pushed up raw milk prices, affecting Mengniu Dairy's stock price. 3. On July 29, stock commentator Ruan Zixi pointed out that funds are short-term chasing domestic demand stocks, with Mengniu's performance strongly supported, avoiding tea beverage stocks. This view enhances market confidence in Mengniu Dairy, affecting stock price volatility. The deep processing demand in the dairy industry is growing, and raw milk prices are rising. WH Group fell 1.16%. Based on recent key news: 1. On July 28, Morgan Stanley released a research report indicating that WH Group's Chinese packaged meat business has seen a decline in unit profit year-on-year due to increased marketing investment and changes in product mix. Meanwhile, profits from the U.S. packaged meat and slaughtering business are under pressure, and the group is expected to record a mid-to-high single-digit decline in overall operating profit for the second quarter. Morgan Stanley slightly lowered WH Group's earnings forecast for this year by about 4% and adjusted the target price from HKD 12.7 to HKD 11.4, maintaining an "Overweight" rating. Source: Zhitong Finance The meat industry faces cost pressures, affecting profitability. Andeli Juice rose 14.06%, with a trading volume of HKD 27.56 million, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Haitian Flavor Industry fell 2.78%. Based on recent key news: 1. On July 27, GIC Private Limited reduced its holdings in Haitian Flavor Industry by 179,500 shares at a price of HKD 31.8691 per share, totaling approximately HKD 5.7205 million. After the reduction, the latest number of shares held is approximately 28,959,600, with a holding ratio of 9.94% This move has led to a decline in market confidence in the stock, resulting in a drop in its price. 2. There have been no other significant news recently. 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