On June 8, China Mengniu Dairy rose 3.02% in regular trading, trading at 16.28 HKD/share, with trading volume of approximately 159 million HKD. The stock rebounded after a sharp decline of over 6% on June 5.

On the news front, the company repurchased 1 million shares on June 5 at prices between 15.84 and 16.12 HKD per share, spending approximately 16.05 million HKD, signaling management confidence in the stock's valuation. Simultaneously, Daiwa raised its earnings per share forecasts for China Mengniu Dairy for 2026 to 2028 by 2% to 5%, citing better-than-expected sales recovery trends and expressing greater optimism on revenue growth. Daiwa's EPS estimates are 1% to 2% above market consensus. The resonance between the company's buyback action and institutional earnings upgrades has provided support for the stock price recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)