Movement Alert｜MENGNIU DAIRY Intraday Rise 3.12% in Regular Trading, UBS Reaffirmed Buy on Margin Expansion Outlook

Market Focus11-03

On November 3, MENGNIU DAIRY rose 3.12% in regular trading, trading at HK$21.18, with turnover of HK$513 million.

The move coincided with a fresh bullish broker note stating that the company’s growth momentum remains intact, supported by continued operating margin expansion, business mix improvement, and stronger shareholder returns.

Recent management commentary reiterated guidance for high-single-digit revenue growth and an operating margin of at least 8% for the fiscal year, while remaining positive on steady sales growth next year and expecting operating margin to expand by another 30 to 50 basis points. The medium-term target of returning revenue to above RMB100 billion was also maintained. Earlier share buybacks in late October and improving raw milk price expectations across the dairy sector provide additional support to the rerating narrative.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment