Liuliumei (6658.HK) tumbled 8% during regular trading to HK$140.40, with turnover at approximately HK$22.3 million.

The stock retreated from yesterday's nearly 19% surge that pushed it to a post-listing high of HK$165 before encountering profit-taking today. Launched on June 15 with an initial spike of 194%, the company ranks as the top player in China's fruit snacks industry by retail value, commanding a 4.9% market share in 2024, according to Frost & Sullivan.

The plum jelly product, launched in 2019, has rapidly captured market share and holds the No. 1 position in the natural ingredient jelly segment with a 45.7% retail share.