New Listing Debut: QIYUNSHAN FOOD (02797) Soars 100% in Early Trading, Leading China's Southern Jujube Snack Market

Stock News07-09

QIYUNSHAN FOOD (02797) commenced trading on the stock exchange today. The company's public offering was priced at HK$8 per share, with a total of 25 million shares issued. Each board lot consists of 500 shares, and the net proceeds from the offering are approximately HK$167 million.

At the time of reporting, the stock had surged 100% to HK$16, with a turnover exceeding HK$67.83 million.

According to its prospectus, QIYUNSHAN FOOD is a fruit-based snack company in China primarily focused on selling southern jujube food products. The group's brand, "Qiyunshan," is a widely recognized name for southern jujube snacks across the country.

The company positions its products as green food, leveraging the natural health benefits of the southern jujube. Through research and development, it aims to cater to diverse consumer taste preferences and is committed to promoting the value of southern jujube as a nutritious snack.

Based on data from a consulting firm, the group held a 29.0% share of China's southern jujube food market by retail sales value in 2025, ranking first in the industry. Since 1997, its flagship product, southern jujube cake, has been continuously certified as "Green Food" by the China Green Food Development Center for 30 consecutive years and received the "National Geographical Indication Protection Product" certification in 2018.

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