This week's Hong Kong stocks bull | The new tea beverage IPO craze! After listing, Auntie from Shanghai surged by over 27%; Innovative Drugs Concept stocks are showing independent market trends, with GRANDPHARMA reaching a new high in four years.

This week, the Hang Seng Index rose by 1.61%, closing at 22,867.74 points; during the same period, the Hang Seng TECH Index fell by 1.22%, closing at 5,180.25 points; the Hang Seng China Enterprises Index rose by 0.95%, closing at 8,308.83 points.

Futu NewsMay 10 10:26

CICC: Maintain the "Outperform Industry" rating for Wei Long Delicacies (09985) with a Target Price of HKD 17.5.

Looking ahead to 2025, the bank expects the company to maintain a rapid growth trend in revenue through omnichannel expansion and the expansion of product specifications, flavors, and categories.

Zhitong FinanceMay 8 15:54 · Ratings

Weilong Delicious Controlling Shareholder to Sell Up to HK$1.2 Billion of Shares

MT NewswiresMay 8 13:49

Hong Kong stock market midday review | All three major indices have risen, with the Index up 1.56%; many Network Technology stocks are rising, with Xiaomi increasing over 3%; Autos stocks are strong, with Geely Auto rising over 4%.

Network Technology stocks rose across the board, XIAOMI-W rose by 3.19%, MEITUAN-W rose by 2.73%; Hong Kong Retail Stocks fell, PRADA dropped by 3.52%, SAMSONITE fell by 3.51%; Apple Supplier stocks increased, FIH rose by 3.80%, VSTECS rose by 2.74%.

Futu NewsMay 8 12:10

Weilong Delicious (09985.HK): Announcement of the placement plan primarily used to expand production capacity, expand the sales network, and build the brand.

Company Update: The company announced a placement plan, with a placement price of HKD 14.72 per share and a total of 80,000,000 shares to be placed (accounting for 3.40% of the total shares issued as of the announcement date). Comments on the company's share price.

China International Capital CorporationMay 8 10:41

Why do the Hong Kong stock market's new gold player, Old Store Gold, and the snack leader, Weilang, perform so differently after their respective placements?

① Why did the stock price of Old Store Gold rebound after the distribution, while Wei Long Delicious continued to decline? ② How do Institutions view the distribution of Old Store Gold?

cls.cnMay 8 10:37