On August 6, MENGNIU DAIRY rose 4.38% in regular trading, trading at HK$19.15/share, with turnover of HK$137 million.

On the news front, the company announced on August 4 that its board of directors will convene on August 26 to review and approve the interim results for the six months ended June 30, and to consider whether to declare an interim dividend. The upcoming earnings window, combined with multiple positive signals, has lifted market sentiment.

Supporting the bullish tone, the company has been conducting consistent share buybacks since June, with approximately 5.284 million shares reduced in July alone through repurchase and cancellation activities. Institutional investors have also shown confidence, with Schroders PLC increasing its holding by approximately 17.85 million shares in early July at around HK$17.08 per share, raising its stake to 5.43%. Additionally, Puyin International maintained a Buy rating in mid-July with a target price of HK$21.30, citing MENGNIU DAIRY as a top pick in the staples consumer sector for the second half.

(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.)