The mainland encourages local areas to stimulate milk consumption by issuing consumer vouchers. Mengniu Dairy (02319.HK) opened high this morning with a gap of 14.94%, reaching a high of 20.1 yuan, breaking through the 250-day moving average resistance, filling the gap from the end of March, now reported at 18.8 yuan, up 17.06%, with a trading volume of 33.3618 million shares, involving 0.626 billion yuan.

H&H International Holdings (01112.HK) opened high today by 3.31%, reaching a high of 10.76 yuan. Now reported at 10.3 yuan, up 3.31%, with a trading volume of 0.186 million shares, involving 1.9849 million yuan.

The Ministry of Agriculture and Rural Affairs and other seven departments have issued a notice proposing to promote beef and milk consumption, scientifically promote the quality and nutritional value of fresh beef and fresh milk, promote 'students drinking milk,' encourage qualified areas to stimulate milk consumption through the distribution of consumer vouchers, and other methods.

Notice requires to focus on stabilizing the basic production capacity of beef and dairy cattle, requiring local areas to accelerate the implementation of basic cow expansion and quality improvement projects, cultivating new types of operators such as dairy family farms and dairy farmer cooperatives. Effectively reduce the feeding cost of breeding households, make good use of forage conversion support policies, accelerate the progress of high-quality forage storage and storage; implement grassland animal husbandry transformation and upgrading project in the county, improve project construction quality.

The notice requires promoting the integrated development of dairy farming and processing, strengthening credit and insurance policy support, and establishing a whitelist system for beef and dairy breeding households. Support including beef and dairy cattle, breeding circles, and other livestock and poultry into the range of pledged collateral, encourage banks and financial institutions to innovate special financial products like 'youth savings loan.' Tailor support to the development of beef cattle farming and basic breeding cow insurance according to local conditions. Encourage banks and financial institutions to innovate special financial products, explore subsidies such as interest subsidies to support new types of dairy farming entities and the improving quality of basic breeding cows.