Mitsubishi UFJ Financial Group, Inc. Shareholding MENGNIU DAIRY (02319) 4.889 million shares at a price of approximately 15.01 Hong Kong dollars per share.

On January 20, Mitsubishi UFJ Financial Group, Inc. reduced its shareholding in MENGNIU DAIRY (02319) by 4.889 million shares, at a price of 15.014 Hong Kong dollars per share, for a total amount of approximately 73.4034 million Hong Kong dollars.

Zhitong FinanceJan 22 18:31

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.

Jingwu Financial NewsJan 20 14:34

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.

Zhitong FinanceJan 20 14:18

[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.

Jingu Finance NewsJan 20 12:07

[Brokerage Focus] CITIC SEC indicates that the livestock Operation continues to face pressure and may welcome a new round of clearing after the holiday.

Jinwu Financial News | CITIC SEC states that the elimination and clearing in the livestock Industry will continue in 2024, with a 6.7% decrease in stock in the main production areas from Q1 to Q3, and an annual raw milk production decrease of 2.8% year-on-year. Influenced by channel destocking after the 2024 Spring Festival, dairy companies are cautiously stocking for the Spring Festival in 2025, combined with weak recovery of terminal demand, the demand for raw milk is expected to have limited short-term rebound. By mid-December 2024, scattered milk prices in the main production areas briefly reached a high point of 3 yuan/kg, but then quickly fell back, dropping to 2.3 yuan/kg in the first week of 2025, putting continuous pressure on livestock companies, with the backdrop of declining milk prices, social pastures are under significant pressure. In addition, some

Jinwu Financial NewsJan 20 08:35

Goldman Sachs: This year, the preference for domestic demand stocks includes ANTA, Midea, NONGFU SPRING, YUM CHINA, Master Kong, Mengniu, MINISO, Giant Biotech, and Laopu Gold, among others.

Goldman Sachs released a report indicating that this year, consumers are expected to remain rational in their spending, and the recovery of consumer confidence will depend on more sustained policy support, stability in the Real Estate market, improvements in the employment market, and the recovery of economic activity. The bank predicts that corporate sales and profits may have bottomed out in the third quarter of last year or in the second half of last year, but the range of policy implementation, reversal of deflationary trends, and risks from consolidation trends and merger opportunities will all impact the overall Consumer trends this year. The bank believes that companies or Industries with structural growth opportunities are better positioned to mitigate the effects of macro fluctuations. The bank is Bullish on the outlook in the next 3 to 6 months.

AASTOCKSJan 17 11:37