Jin Wu Financial News | MENGNIU DAIRY (02319) fluctuated and rose, as of the time of publication, up 3.29%, priced at 17.6 Hong Kong dollars, with a transaction amount of 70.4319 million Hong Kong dollars.

Donghai Securities stated that the gray testing of the 'gift giving' function in WeChat small stores has attracted market attention, increasing the diversity of consumer scenarios, and consumer products in the Sector of gifting are expected to benefit. With policy support, the demand for Dairy Products is improving, the Industry's penetration rate still has room for growth, and with upstream capacity gradually clearing, the supply-demand pattern of raw milk is becoming favorable. As consumer demand becomes healthier and more diversified, acceptance of low-temperature dairy products is increasing, and the trend of product premiumization is accelerating. Attention is recommended on the continuous upgrading of product structure and the ongoing increase in DTC channel penetration rate in New Hope Dairy.