Economic Observation Network Liu Yimei (06658) received funds to boost its stock price after being included in the Hong Kong Stock Connect, but later experienced a correction due to valuation and profit taking.

Reasons for stock price fluctuations:
The most direct catalyst is the inclusion of the Hong Kong Stock Connect. On September 4th, the Shanghai Stock Exchange released a notice on the adjustment of Hong Kong Stock Connect targets, officially including Liu Yimei from September 7th. Mainland public, private, and individual investors can directly buy and sell through interconnectivity. As a newly listed consumer sub new stock in 2026, previously mainland funds were unable to participate conveniently. The expected increase in funds and liquidity improvement brought about by the opening of channels is the first driving force behind the launch of this round of stock prices The combination of high valuation and previous gains is the direct reason for this round of adjustment. On September 29th and 30th, there was a continuous sharp decline (-9.31%, -3.27%), accompanied by a market interpretation of "concentrated realization of profit taking orders with a previous increase of over 130%" This indicates that the funds driving the rise tend to be trading oriented, and they also withdraw quickly when emotions ebb.

The above content is based on publicly available information and does not constitute investment advice.