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Expectations for boosting domestic demand have been lifted again! The Consumer Sector in Hong Kong stocks is strong in the short term, with Yueran Muke rising over 15% at one point.
① The Hong Kong stock market's Consumer Sector is strong in the short term, which sub-industries are the most active? ② Expectations for expanding domestic demand are boosting attention, why are Institutions particularly focused on next year's performance?
Peak season's lackluster performance leads to another drop in raw milk prices. Is overseas bulk powdered milk still cost-effective? | Industry News
Since November, the price of raw milk has reached a new low in this cycle, and the import volume of bulk powder has been declining for eight consecutive months compared to the previous year; currently, domestic bulk powder has started to be exported at low stock prices to some major producing countries; experts believe that this trend of declining import of dairy products will continue.
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 continued to 'kill cattle' to reduce overcapacity, but the situation of oversupply has not been reversed; ②The impact of oversupply of raw milk has been fully manifested in the financial reports of large-scale dairy farms and dairy enterprises; ③The current growth rate of raw milk production has further slowed down, and prices are expected to stabilize in the second quarter of 2025.
Mainland encourages local governments to issue consumer vouchers to boost milk consumption.
The Ministry of Agriculture and Rural Affairs and other seven departments issued a notice to promote the consumption of beef and milk, scientifically promote and display the quality and nutritional value of fresh beef and fresh milk, promote the 'student milk consumption', encourage places with conditions to stimulate milk consumption by issuing consumer vouchers, and require stabilizing the basic production capacity of beef and dairy cattle. Localities are required to accelerate the implementation of projects to expand and improve the base of breeding cows, cultivate new types of operation entities such as dairy family farms and dairy farmer cooperatives. Effectively reduce the feed costs of breeding households, utilize feed conversion policies well, and expedite the progress of high-quality feed storage; implement projects to promote the transformation and upgrading of grassland animal husbandry, and improve.
YST DAIRY: Interim Report 2024
Performance: yst dairy (01431.HK) turned from a half-year loss to a profit, earning 0.129 billion RMB without dividends.
yst dairy (01431.HK) released its interim results for the six months ended June this year, with revenue of 1.205 billion yuan (the same below), an increase of 11.4% year-on-year. It turned from a loss to a profit, earning 0.129 billion yuan, compared to a loss of 0.264 billion yuan in the same period last year; earnings per share were 0.028 yuan. No dividend will be distributed.
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