智通财经网·2025-12-15 02:02Group 1 - The dairy sector is experiencing active stock performance, with notable increases in share prices for companies such as YouRan Dairy (+6.98% to HKD 4.6), Modern Dairy (+4.35% to HKD 1.44), China Feihe (+2.18% to HKD 4.21), and Mengniu Dairy (+1.71% to HKD 14.88) [1] - The National Medical Insurance Administration announced measures aiming for "no out-of-pocket" expenses for childbirth within policy coverage by 2026, which may positively impact the dairy industry by increasing demand for dairy products among new mothers [1] - A report from Kaiyuan Securities indicates that 2026 could mark a turning point for supply and demand in the dairy industry, suggesting that the current period presents a good opportunity for investment as the industry fundamentals approach a bottom [1] Group 2 - The report highlights that the decline in liquid milk demand is slowing, and a decrease in dairy cow inventory is expected to improve supply and demand dynamics [1] - The pace of milk price decline is expected to slow, with projections indicating that milk prices may stabilize and begin to rise by 2026, leading to a potential recovery in both volume and price of liquid milk [1] - The report recommends focusing on investment opportunities in leading dairy farms and dairy product processing companies as the market conditions improve [1]