Huachuang Securities: The logic of improvement gradually unfolds, maintaining a neutral outlook on the possibility of a reversal in milk prices in Q3 2025.

First, after the Spring Festival, the destocking during the off-season is expected to accelerate, and then the raw milk cycle is expected to reverse in Q3 of 2025.

Zhitong FinanceDec 20 13:34

MENGNIU DAIRY (02319.HK) cancelled 3.41 million repurchased shares on December 19.

On December 19, GELONGBI announced that MENGNIU DAIRY (02319.HK) has announced the cancellation of a total of 3.41 million repurchased shares on December 19, 2024.

Gelonghui FinanceDec 19 17:10

Investment bank Jianyin International upgraded Mengniu (02319.HK) to "Outperform the Market" and raised the Target Price to 19.1 yuan.

Citi Research published a report stating that Mengniu (02319.HK) has been dragged down by slowing retail demand, intensified competition, and its own inventory control, leading to a significant impact on revenue in the second quarter. Although demand for liquid milk remained relatively weak in the third quarter and holiday sales in October and November did not improve, the bank expects that as another round of large-scale channel inventory control pressures ease, the revenue decline will narrow from 13% in the first half of the year to 2% in the second half. Additionally, the decline in raw milk costs and stringent cost control should maintain profit expansion for the group, with gross margin and operating profit margin expected to improve by 0.9 and 0 year-on-year, respectively.

AASTOCKSDec 19 10:10

Express News | Jianyin International Holdings Limited has upgraded MENGNIU DAIRY's rating to outperform the Large Cap.

BreakingsDec 17 16:59

Buyback collection on December 16 | TENCENT, HSBC Holdings, and others have made repurchases, with TENCENT spending 0.7 billion HKD.

According to documents disclosed by HKEX on December 17, TENCENT (00700.HK), HSBC Holdings (00005.HK), and others repurchased shares. ① TENCENT (00700.HK) repurchased 1.72 million ordinary shares on December 16, involving an amount of 0.7 billion Hong Kong dollars, with a repurchase price ranging from 410.8 Hong Kong dollars to 403.8 Hong Kong dollars per share. Since the authorization resolution for repurchase, the cumulative number of securities repurchased is 0.216 billion shares, accounting for 2.292% of the number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) on December 12.

Futu NewsDec 17 09:20

MENGNIU DAIRY (02319.HK) repurchased 0.3 million shares for 5.2222 million HKD on December 16.

Glonghui, December 16 - MENGNIU DAIRY (02319.HK) announced that on December 16, 2024, it will spend 5.2222 million Hong Kong dollars to repurchase 0.3 million shares, with a repurchase price of 17.34-17.46 Hong Kong dollars per share.

Gelonghui FinanceDec 16 17:31