On June 10, Mengniu Dairy rose 3.1% in regular trading, trading at HK$16.62 per share, with trading volume of approximately HK$89.44 million.

On the news front, multiple international investment banks recently issued bullish research reports in quick succession. Morgan Stanley expects Mengniu's share price to rise in absolute terms within the next 15 days with an estimated probability of 70%-80%, maintaining an \"Overweight\" rating with a target price of HK$20. The bank projects overall sales growth of 5.5% and notes an attractive forward P/E of approximately 11.2x. Bank of America Securities considers the recent selloff \"irrational\" and driven by misinformation, reiterating a \"Buy\" rating with a target price of HK$21. Daiwa raised its EPS forecasts for 2026-2028 by 2%-5%, citing better-than-expected sales recovery trends.

Simultaneously, the company continued share buybacks to support its stock price, spending approximately HK$16.05 million to repurchase 1 million shares on June 5 and a further HK$7.19 million for 441,000 shares on June 8. The resonance between institutional upgrades and corporate buyback actions underpinned the rebound.

(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.)