Stock Track | AUNTEA JENNY Soars 11.69% Intraday as Shareholders Extend Lock-up Periods

Stock Track04-21

AUNTEA JENNY's stock price surged 11.69% during intraday trading on Tuesday, significantly outperforming the broader market.

The sharp increase followed the company's announcement that all pre-IPO shareholders, including its controlling shareholder, have voluntarily extended their share lock-up periods. The controlling shareholder group extended their lock-up by an additional six months, while other pre-IPO shareholders extended theirs by three months.

The news comes as tea beverage stocks were among the top performers in the Hong Kong market, with analysts noting that leading tea beverage companies continue to maintain stable growth rates and may benefit from various market conditions in the coming year.

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