Group 1 - Dairy stocks experienced a significant rise, with China Shengmu (01432) up 12.66% to HKD 0.445, YouRan Dairy (09858) up 8.87% to HKD 4.05, Modern Dairy (01117) up 8.77% to HKD 1.24, and Original Ecology Dairy (01431) up 7.14% to HKD 0.375 [1] - The implementation of the "Childcare Subsidy Implementation Plan" starting January 1, 2025, will provide a subsidy of HKD 3,600 per child per year for families with children under three years old, significantly reducing family childcare costs and stimulating birth rates and consumption potential in infant families, especially in lower-tier cities [1] - The annual distribution of childcare subsidies is estimated to be around HKD 100 billion, which is expected to have a multiplier effect and potentially increase demand in the dairy industry [1] Group 2 - The formal introduction of the national subsidy into the fertility sector reflects the government's high emphasis on fertility issues, with the dairy sector likely to see increased attention as national policies are implemented and followed by local policies [1] - The policy's alignment with previous expectations and its positive signal upon implementation indicate a strong governmental commitment to addressing fertility challenges, which is anticipated to boost the dairy product sector, particularly infant formula consumption [1]
港股异动 | 乳业股午后拉升 育儿补贴政策出台 机构称有望提振乳品等行业需求