On October 9, MENGNIU DAIRY rose 3.36% in regular trading, trading at 18.14 HKD/share, with Turnover of 81.74 million HKD.

The movement was supported by a bullish research view indicating a raw milk price upcycle, alongside the company's continued share buyback program. A brokerage research report noted that contract milk prices returned to positive year-over-year growth in July and extended gains leading up to the Mid-Autumn Festival in August and September, which is expected to drive ongoing margin improvement for dairy producers.

Furthermore, MENGNIU DAIRY executed consecutive share repurchases from October 2 to 7, cumulatively buying back approximately 1.246 million shares at a cost of around 21.71 million HKD. On October 7 alone, the company repurchased 50,000 shares for approximately 0.863 million HKD, signaling management confidence and providing near-term support for the stock.

China Mengniu Dairy Company Limited is an investment holding company primarily engaged in the production and sale of dairy products, operating through segments including liquid milk, ice cream, cheese, milk powder, and others.

(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.)