--- title: "Hong Kong stock movement: QIYUNSHAN FOOD rises 14.29%, stabilization period ends without market support" type: "News" locale: "en" url: "https://longbridge.com/en/news/295367008.md" description: "QIYUNSHAN FOOD rose by 14.29%; Mengniu Dairy rose by 1.24%, with a transaction volume of HKD 258 million; Master Kong Holdings rose by 2.56%, with a transaction volume of HKD 193 million; WH Group rose by 0.50%, with a transaction volume of HKD 184 million; Muyuan Foods rose by 4.43%, with a market value of HKD 193.2 billion" datetime: "2026-08-10T06:42:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295367008.md) - [en](https://longbridge.com/en/news/295367008.md) - [zh-HK](https://longbridge.com/zh-HK/news/295367008.md) --- # Hong Kong stock movement: QIYUNSHAN FOOD rises 14.29%, stabilization period ends without market support **Hong Kong Stock Movement** QIYUNSHAN FOOD rose 14.29%. Based on recent key news: 1. On August 5, QIYUNSHAN FOOD announced the end of the global offering stabilization period, without implementing price stabilization measures, and the over-allotment option expired. This news led to a significant increase in stock price, with QIYUNSHAN FOOD soaring over 41% in Hong Kong trading to HKD 96.75 per share. Since its IPO price of HKD 8 per share in July, the stock has experienced significant volatility, with a rapid increase in price after the stabilization period ended. The Hong Kong market has been volatile recently, and risks need to be monitored. **Stocks with High Trading Volume in the Industry** Mengniu Dairy rose 1.24%. Based on recent key news: 1. On August 6, Mengniu's system promoted stock price increases through governance and market value management signals. The turnaround of Modern Farming and mergers and acquisitions provided fundamental support for Mengniu Dairy, and institutional judgments on the reversal of the raw milk cycle further enhanced market confidence. Source: Zhitong Finance 2. On August 7, Junlebao's listing process stagnated, and the market focused on its high debt and dividend issues. Although Junlebao has advantages in the low-temperature milk market, limited capital patience has affected market sentiment for related dairy stocks. Source: Wall Street Insights 3. On August 10, competition between Yili and Mengniu in the low-temperature yogurt market intensified. Although market share is less than Jianchun, the long-term outlook is good, driving up Mengniu Dairy's stock price. Source: Jinshi Data, intensified competition in the dairy market, focus on the reversal of the raw milk cycle. Master Kong Holdings rose 2.56%. Based on recent news: 1. On August 9, Master Kong launched a high-protein plant-based drink "Good Morning! Vitality," innovatively incorporating traditional Chinese health ingredients, and the marketing campaign attracted significant attention, driving up stock prices. 2. On August 7, Nongfu Spring surpassed Master Kong's beverage segment in revenue data from the 2025 financial report, becoming the number one in the beverage industry. Master Kong's beverage segment revenue fell 2.9% year-on-year, but the market still recognizes its stable profitability and cash flow capabilities. 3. On August 7, Master Kong still mainly relies on mature products like iced black tea and green tea to support its beverage business. Despite facing challenges from rapid industry iteration, its high-end line "Heir of Tea" performed well, with cumulative sales exceeding 100 million in six months and a repurchase rate of 32%. The beverage industry is becoming more competitive, and Master Kong faces growth pressure. WH Group rose 0.50%, with a trading volume of HKD 184 million, and no significant news recently. Trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Muyuan Foods rose 4.43%, with a market capitalization of HKD 193.2 billion, and no significant news recently. Trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation ### Related Stocks - [02797.HK](https://longbridge.com/en/quote/02797.HK.md) - [02319.HK](https://longbridge.com/en/quote/02319.HK.md) - [00322.HK](https://longbridge.com/en/quote/00322.HK.md) - [00288.HK](https://longbridge.com/en/quote/00288.HK.md) - [02714.HK](https://longbridge.com/en/quote/02714.HK.md) ## Related News & Research - [DDL: Net income jumped 153.5% on 8.6% revenue growth, with China divestiture pending](https://longbridge.com/en/news/296471627.md) - [China Wantian Holdings announces extraordinary general meeting](https://longbridge.com/en/news/296335145.md) - [China Wantian sells catering fixed assets to Wangu Basket for RMB 10.91 million](https://longbridge.com/en/news/296335097.md) - [Yum China says Pizza Hut Burger Bar footprint reaches 300 locations in China](https://longbridge.com/en/news/296487511.md) - [12:05 ETFood & Wine Best New Chefs Awards Celebration Open to the Public for the First Time in 38-Year History](https://longbridge.com/en/news/296251762.md)