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Xiamen Yan Palace Bird's Nest Industry Co., Ltd.'s (HKG:1497) 43% Price Boost Is Out Of Tune With Earnings
Xiamen Yan Palace Bird's Nest Industry Co., Ltd. (HKG:1497) shareholders would be excited to see that the share price has had a great month, posting a 43% gain and recovering from prior weakness.
Hong Kong shares rocketed; Yanji House (01497) soared more than 12% to reach a new high in the market. The company once again topped the sales charts, and institutions are bullish on its increased market share.
Zhī tōng cai jīng APP learned that Yan Zhiwu (01497) rose more than 12%, hitting a new high since listing at HKD 12.2. As of press time, it reported a 12.55% increase, closing at HKD 11.84, with a turnover of HKD 29.6053 million. According to statistics from Beijing Century Consulting Co., Ltd., Yan Zhiwu has been the top-selling high-end bird's nest brand in the country for eight consecutive years. In addition, during the Tmall mid-year promotion period in 2024, Yan Zhiwu once again ranked first in cumulative GMV among supplement stores. On May 20th, Yan Zhiwu announced that Wang Yibo became the global brand spokesperson, and related topics then surged on Weibo hot search.
Hong Kong stocks have unusual movements | Yan House (01497) rises more than 9% again. Institutions said that the bird's nest industry is relatively diversified and the company has significant competitive advantages.
According to the Wisdom Wealth App, Yan Zhiwu (01497) rose by more than 9%, cumulatively rising by about 25% in the past four trading days. As of the release, it rose by 7.2%, reporting HK$10.42, with a turnover of HK$5.7497 million. Founder Securities pointed out that Yan Zhiwu was founded in 1997 and is the leading brand in the Chinese bird's nest product market. China is the largest consumer of bird's nest, but in terms of competition pattern, the bird's nest industry in China is relatively scattered, and the top brands of bird's nest, such as Yan Zhiwu, have relatively few specialized competitors that have deep influence in the industry, with significant competitive advantages and prospects for continuous improvement of their market share. The bank pointed out that Yan Zhiwu's core competitiveness lies in its deep influence.
Are Strong Financial Prospects The Force That Is Driving The Momentum In Xiamen Yan Palace Bird's Nest Industry Co., Ltd.'s HKG:1497) Stock?
Most readers would already be aware that Xiamen Yan Palace Bird's Nest Industry's (HKG:1497) stock increased significantly by 14% over the past week. Since the market usually pay for a company's lon
YAN PALACE To Go Ex-Dividend On May 23rd, 2024 With 0.23626 HKD Dividend Per Share
May 23rd - $YAN PALACE(01497.HK)$ is trading ex-dividend on May 23rd, 2024. Shareholders of record on May 24th, 2024 will receive 0.23626 HKD dividend per share on June 17th, 2024. The ex-dividend
Tsubame House will pay a final dividend of HK$2.36261 for every 10 shares on June 17
Tsubame House (01497) announced that it will pay a final dividend of HK$2.36261 per 10 shares on June 17, 2024 for the year ended 31 December 2023.
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