U.S. Stock Movement | Oriental Rise (ORIS.US) Surges Over 25% on Plan to Acquire Controlling Stake in Hubei Daguan Tea Industry Group

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Dec 31, 2025

On Wednesday, Oriental Rise Holdings Limited (ORIS.US) surged more than 25%, trading at $1.53. On December 30th, Oriental Rise announced the signing of a non-binding letter of intent to acquire a controlling stake in Hubei Daguan Tea Industry Group, aiming to strengthen its upstream supply control and optimize its product portfolio. Information shows that Oriental Rise Group cultivates, processes, and refines white tea and black tea in China's Fujian Province, selling the tea to distributors and end consumers within the country. Primary processed white tea is the core product of Oriental Rise.

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