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Dairy stocks collectively rebound, CHINA FEIHE (06186) rises by 3.11%. Goldman Sachs predicts a strong increase in the number of newborns in China in 2024.
Jinwu Financial News | Dairy stocks are collectively rebounding. As of the time of publication, AUSTASIA GROUP (02425) is up 7.37%, Youran Dairy (09858) is up 6.49%, CH MODERN D (01117) is up 3.61%, CHINA FEIHE (06186) is up 3.11%, and MENGNIU DAIRY (02319) is also increasing. On the news front, Goldman Sachs stated that in 2024, the number of newborns in China will reach 9.54 million, a year-on-year increase of 6%, higher than Goldman Sachs' expectations and the UN forecast, returning to the 2022 level and reversing the continuous decline trend since 2017, mainly due to the unexpected economic recovery after the pandemic and the Year of the Dragon.
Hong Kong stocks fluctuate | Dairy industry stocks warm up today as Goldman Sachs states that the number of newborns in 2024 exceeds expectations, which may ease pressures in the infant formula industry.
The dairy stocks have rebounded today. As of the time of this report, YouRan Dairy (09858) increased by 5.84%, reported at 1.63 HKD; CH MODERN D (01117) increased by 3.61%, reported at 0.86 HKD; CHINA FEIHE (06186) increased by 3.3%, reported at 5.32 HKD; MENGNIU DAIRY (02319) increased by 1.05%, reported at 15.4 HKD.
[Brokerage Focus] Goldman Sachs indicates that the number of newborns in China in 2024 will exceed expectations, expecting that the sales pressure in the milk powder Industry will be somewhat relieved.
Jinwu Finance News | Goldman Sachs released a Research Report on China's Consumer Industry, noting that the number of newborns in China will reach 9.54 million in 2024, an increase of 6% year-on-year, higher than Goldman Sachs' expectations and UN forecasts, recovering to 2022 levels and reversing the continuous decline since 2017, mainly due to better-than-expected economic recovery after the pandemic and the effects of the Year of the Dragon. In the baseline scenario, the number of newborns is expected to remain relatively stable by 2035; the bull market scenario assumes a total fertility rate of 1.4 in 2035, while the baseline scenario is 1.2 and the bear market scenario is 1.0. For 2025, the decline in the number of marriage registrations and the impact of the zodiac year are expected to affect this.
The first in the Dairy industry! Feihe (06186) has once again won the Industrie 4.0 award.
The dairy industry is the first to win the Industrie 4.0 award.
China Feihe Limited's Strategic Subscription in SPD Bank's Financial Products
Express News | China Feihe-as at Jan 15 Outstanding Principal Amount of Wealth Management &Structured Deposit Financial Products Subscribed From Spd Bank RMB1.90 Bln
Capital Allocation Trends At China Feihe (HKG:6186) Aren't Ideal
