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Revenues Not Telling The Story For China Modern Dairy Holdings Ltd. (HKG:1117) After Shares Rise 26%
The continuous inversion of raw milk prices has not resolved the "ranch crisis". Should we continue to slaughter cows?
①In the past year, the industry has been continuously 'slaughtering cows' to reduce overcapacity, but the situation of oversupply has not been reversed; ②The impact of oversupply of raw milk has fully appeared in the financial reports of large-scale farms and dairy enterprises; ③The current growth rate of raw milk production is further slowing down, and prices are expected to stabilize in the second quarter of 2025.
China Modern Dairy Holdings (HKG:1117) Shareholders Are up 29% This Past Week, but Still in the Red Over the Last Three Years
Trending Industry Today: CH MODERN D Leads Gains In Dairy Products Stocks
Policy bullish triggers Hong Kong dairy stocks soar, ch modern d surges over 20%.
① What bullish news was announced in the market yesterday? ② How is the current milk production data in our country?
Hong Kong stocks surged abnormally | The dairy product sector collectively opened higher and rose sharply. The Ministry of Agriculture and Rural Affairs encourages local areas to stimulate milk consumption by issuing consumer vouchers.
The dairy sector collectively opened higher. As of the time of writing, mengniu dairy (02319) rose by 14.94% to HK$18.46; china feihe (06186) rose by 8.08% to HK$5.44; youranan livestock (09858) rose by 7.42% to HK$1.426; ch modern d (01117) rose by 6.82% to HK$0.949.
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