Hong Kong stock market anomaly | IFBH (06603.HK) fell more than 9% to hit a new low, competition intensifies in the rapidly growing coconut water industry stage.

According to the Zhitong Financial APP, IFBH (06603.HK) fell more than 9%, hitting a new low since its listing at 20.8 Hong Kong dollars, which is halved from its highest point since listing. As of the time of writing, it has fallen by 9.23% to 20.86 Hong Kong dollars, with a trading volume of 52.1629 million Hong Kong dollars.