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Morgan Stanley: Raises the Target Price for MENGNIU DAIRY to HKD 22.5, maintaining a "Shareholding" rating.
Morgan Stanley released a Research Report stating that the weak demand for MENGNIU DAIRY (02319) is expected to continue this year, and new products will also require time to drive growth, resulting in a 2% reduction in the group's sales forecast for next year, indicating a sales growth of 1% and 4% for this year and next year respectively. Morgan Stanley also pointed out that, based on last year's higher figures, the forecast for the group's operating margin this year has been raised by 0.4 percentage points, and next year's forecast has been increased by 0.5 percentage points. Additionally, the bank raised its earnings per share estimates for this year and next year by 7% and 9%, respectively, and predicts that the earnings per share in 2027 will be 1.72 RMB, with the Target Price increased from 20 HKD to 22.5 HKD.
MENGNIU DAIRY (02319.HK) spent 5.765 million Hong Kong dollars to repurchase 0.3 million shares on April 22.
On April 22, Gelonghui reported that MENGNIU DAIRY (02319.HK) announced the repurchase of 0.3 million shares at a cost of 5.765 million HKD.
Guotai Junan: Fertility policies are proactive, accelerating the convergence of supply and demand in the Dairy industry.
Recently, many regions have introduced guidelines for fertility subsidies, and some dairy companies have voluntarily proposed fertility subsidy plans, which are expected to promote the recovery of milk powder and liquid milk categories, and accelerate the process of narrowing the supply-demand gap in the Industry of raw milk.
Hidden mysteries lie beneath the low volume, and the divergence in the CSI Consumer 360 index is deepening. Which directions are expected to take the lead in driving growth?
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MENGNIU DAIRY (02319.HK) spent 3.896 million Hong Kong dollars to repurchase 0.2 million shares on April 17.
Glonghui reported on April 17 that MENGNIU DAIRY (02319.HK) announced the repurchase of 200,000 shares at a cost of 3.896 million HKD on April 17.
[Brokerage Focus] HAITONG INT'L maintains the "Outperform Market" rating for Mengniu (02319), stating that the reversal of milk prices has a positive catalyst for the company's profitability.
Jingwu Finance | HAITONG INT'L released a Research Report indicating that according to the latest data from the Ministry of Agriculture and Rural Affairs, the current price of fresh milk in major producing areas remains at 3.07 yuan/kg, with only a slight decline month-on-month, and has been consolidating at the bottom for six months. Currently, the price of raw milk has been falling for nearly four years, reaching a 14-year low, leading to a continuous reduction in upstream farm capacity. As of February 2025, the national dairy cow population stands at 6.11 million heads, a cumulative decrease of 5.8%, down 0.38 million heads compared to the peak in March 2024. The bank expects that around 5.9 million heads will reach supply-demand balance, at which point the price of raw milk will bottom out and rebound. Milk prices are currently testing their lows, while Soybean Meal costs are rising due to increased tariffs, and
102640653 : any update on hangseng index,alibaba,Tencent,byd.nio
Trader’s Edge OP 102640653 : Hi, i covered a couple of them during the weekly trader's edge webinar... If you missed the webinar, feel free to watch the replay! Cheers!