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Hong Kong stock market is in a state of flux | Dairy industry stocks lead the way in terms of growth, since September, the dairy industry policy support has increased, with the basic fundamentals of the dairy industry in Q3 expected to improve.
Dairy stocks lead the gains, as of the deadline, China Feihe (06186) rose by 5.21% to HK$5.86; Ausnutria (09858) rose by 3.85% to HK$1.35; Mengniu Dairy (02319) rose by 3.27% to HK$16.44; Ausnutria (01717) rose by 2.02% to HK$2.02.
Further Upside For China Youran Dairy Group Limited (HKG:9858) Shares Could Introduce Price Risks After 26% Bounce
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.
Seven ministries jointly issued a notice to stimulate the consumption of dairy products, brightening the prospects of the dairy industry.
Under pressure from the industry, seven departments join hands to rescue the market, and this measure will have a profound impact on the entire dairy industry market.
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.
China Youran Dairy Group Limited's (HKG:9858) Largest Shareholders Are Public Companies Who Were Rewarded as Market Cap Surged HK$506m Last Week
Be Wary Of China Youran Dairy Group (HKG:9858) And Its Returns On CapitalNo Data
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