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Want Want China Holdings Renews Agreement for 'Water God' Sanitizing Products
WANT WANT CHINA (00151.HK) has reached an updated framework agreement with Shenwang.
Glory Exchange reported on March 31 that WANT WANT CHINA (00151.HK) announced that on March 31, 2025, the company reached an updated framework agreement with Shenwang, lasting two years until March 31, 2027. According to this updated framework agreement, Shenwang Group agrees to sell products to the group and the group agrees to purchase products from Shenwang Group for sales and distribution.
There's Reason For Concern Over Want Want China Holdings Limited's (HKG:151) Price
Goldman Sachs: Downgraded WANT WANT CHINA (00151) to a "Sell" rating and lowered the Target Price to 3.4 Hong Kong dollars.
Considering that Guang Guang's sales of gift sets during the Lunar New Year were weaker than expected, along with the rising costs of milk powder, the bank has slightly adjusted the net income forecast for the fiscal years 2024-2026 down by 0.3%-0.6%.
[Brokerage Focus] CITIC SEC: Hohhot releases details on childbirth subsidies, expected nationwide childbirth subsidy policies may be implemented.
Jinwu Financial News | CITIC SEC stated that on March 13, the Health and Family Planning Commission of Hohhot City released local fertility subsidy details, with the highest single-child subsidy reaching 0.1 million yuan. Compared to the current pilot programs, Hohhot City's annual average subsidy amount for fertility has been increased, and the subsidy period is relatively long. If the Hohhot subsidy standards are extrapolated nationwide, it is estimated that by 2030, the fiscal expenditure scale for fertility subsidies will reach 287 billion yuan, accounting for only 0.2% of GDP. From international experience, developed countries such as Germany, France, Japan, South Korea, and Singapore have all implemented fertility support policies after entering a low fertility rate society. Meanwhile,
[Brokerage Focus] CITIC SEC: Childcare subsidies are expected to be implemented, actively paying attention to benefiting Industries.
Jinwu Finance News | CITIC SEC stated that according to the remarks of the Director of the National Health Commission at a meeting, parenting subsidies will be issued in 2025, and relevant operational plans are being drafted in conjunction with relevant departments. According to data released by the National Bureau of Statistics, China's birth population is expected to rebound to 9.54 million in 2024, a year-on-year increase of about 6%. The bank analyzes that this is related to the gradual introduction and implementation of fertility support policies in various regions and the influence of the Year of the Dragon zodiac factor. However, pressure on population structure still exists, making it necessary to strengthen fertility support policies. The bank believes that the high cost of raising children is one of the core reasons for the decline in birth rates, and parenting subsidies can help reduce the costs of childbirth and child-rearing. The bank expects,
