Hong Kong stocks abnormal | IFBH (06603.HK) fell more than 7% to hit a new low since listing, down 30% from the IPO price, and the competition in the coconut water industry is intense.

According to the Securities Times app, IFBH (06603.HK) is currently down over 7%, reaching a new low of 19.3 Hong Kong dollars, a decrease of over 30% from its IPO price of 27.8 Hong Kong dollars. As of the time of writing, it is down 7.35%, at 19.42 Hong Kong dollars, with a trading volume of 53.067 million Hong Kong dollars.