Core Viewpoint - China Feihe (06186) has seen a stock price increase of over 3%, currently trading at 4.11 HKD with a transaction volume of 129 million HKD, driven by the acceleration of local childcare subsidy approvals [1] Group 1: Company Performance - China Feihe is recognized as a leading player in the Chinese infant formula market, with a continuously increasing market share and solid brand and channel advantages [1] - The company is expected to experience a significant revenue recovery by the second half of 2025, aided by the completion of channel adjustments and the introduction of new products, alongside the positive impact of the childcare subsidy policy [1] Group 2: Market Context - Reports indicate that many parents in regions such as Sichuan and Chongqing have had their childcare subsidy applications approved, with local governments speeding up the review process [1] - Different regions have varying timelines for the disbursement of these subsidies, with places like Xining expected to issue the first batch of funds by the end of October, while others may do so in November or December [1]
中国飞鹤涨超3% 多地育儿补贴审核提速 机构指其收入端有望实现良好修复