On August 13, MENGNIU DAIRY declined 3.11% in regular trading, trading at HK$17.83/share, with turnover of approximately HK$295 million. The stock retreated as investors digest a recent broker target price cut and position cautiously ahead of the August 26 board meeting to review interim results.

On August 10, Eastern Securities lowered its target price on MENGNIU DAIRY from HK$27.21 to HK$25.89 while maintaining a \"Buy\" rating. The broker highlighted that the company's full-year 2025 revenue fell 7.3% year-over-year, with liquid milk revenue declining 11.1%, weighed by falling raw milk costs, channel inventory digestion, and sluggish dairy consumption recovery. Elevated short selling activity was also notable, with 4.06 million shares shorted on August 10 representing 19.87% of total turnover, reflecting continued bearish positioning.

Looking ahead, brokers generally expect profit recovery driven by improving upstream supply-demand dynamics, though near-term margin pressure from rising raw material costs may weigh on first-half results.

(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.)