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高盛-中国必选消费:据传中国计划推出全国性育儿补贴;IMF分析乳制品覆盖相关影响
Goldman Sachs· 2025-07-07 15:45
Per media reports, the government is reportedly planning to roll out nationwide maternity/child-raising subsidies amount to Rmb3,600 per annum for each legally born infant/young child until they reach 3 years old, equivalent to Rmb300 per month. For children born before Jan 1, 2025, and under 3 years old, the subsidy would be calculated proportionally based on the number of months they are eligible. Specifically, per the media report, the central government policy would feature: 1) An extended duration of 3 ...
蒙牛乳业-超高温灭菌(UHT)牛奶需求疲软持续;布局渠道以获取市场份额
2025-06-09 01:42
5 June 2025 | 10:59PM HKT Mengniu Dairy (2319.HK): Consumer & Leisure Corporate Day: UHT milk demand softness persists; investing in channels for share gain We hosted Mengniu's IR team at our Consumer & Leisure Corporate Day on Jun 5. Key takeaways include: 1) Recent trends: Company noted still weak YTD demand trend for UHT liquid milk, with Apr/May trends tracking largely similar to 1Q25 without notable consumption sentiment uptick. YTD trends showing healthy growth in fresh milk/chilled yogurt and other c ...