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Hong Kong Stocks Fall Marginally to Close Week in Red; Xiaocaiyuan International Jumps 14% in Debut
The small garden (0999.HK) had a prosperous opening on its first day of trading, and the value release has only just begun.
On December 20, the leading convenience Chinese restaurant company Xiaocaiyuan officially listed on the Hong Kong Stock Exchange, achieving a successful debut. Its stock price opened nearly 6% higher, closing at HKD 9.66, an increase of 13.65%, with a total market capitalization reaching HKD 11.3 billion. In light of the recent growth pressure faced by the Dining Industry, with a temporary decline in enthusiasm, such performance intuitively reflects the market's recognition and confidence. Furthermore, the listing is just the starting point; long-term investment ultimately needs to return to Fundamental Analysis. From this perspective, Xiaocaiyuan has even more potential. Multiple positive factors, from macroeconomic trends to industry trends and the company's own strategic layout, catalyze its future performance.
Huizhou cuisine has produced a dining company worth over 10 billion Hong Kong dollars! The small vegetable garden has landed on the Hong Kong Stock Exchange, and Song Xiangqian "netted" 0.1 billion Hong Kong dollars.
① The Little Garden currently has multiple brands such as "Little Garden", "Guan Residence", "Fuxing Building", and "Cai Shou", among which over 90% of the income comes from "Little Garden". ② The Little Garden has a betting agreement with Jiahua Capital, and if the Market Cap does not meet expectations, it may have a significant impact on its financial situation.
Chinese Restaurant Chain Xiaocaiyuan Rises in Trading Debut
A visual guide to understanding how Xiaocaiyuan (0999.HK) entered the Hong Kong stock market.
On December 20th, the leading convenience Chinese food company Xiaocaiyuan officially landed on the Hong Kong Stock Exchange. The following image will help you understand the basic situation of Xiaocaiyuan.
New stock debut | Little Vegetable Garden (00999) listed on its first day with an opening rise of 5.88%.
The listing of Xiaocaiyuan (00999) has commenced, with the announcement showing a share price of HKD 8.5, a total of 0.1012 billion shares issued, and a lot size of 800 shares. The net proceeds are expected to be approximately HKD 0.795 billion. As of the time of writing, the stock is up 5.88% at HKD 9, with a transaction volume of HKD 13.156 million.
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