China's Feihe (06186) rose nearly 5% in the afternoon. As of press release, it rose 4.35% to HK$3.6, with a turnover of HK$776.15,500.
The Zhitong Finance App learned that China's Feihe (06186) rose nearly 5% in the afternoon. As of press release, it had risen 4.35% to HK$3.6, with a turnover of HK$776.15,500.
According to the news, China Feihe will announce its results this Thursday (March 28). Everbright Securities believes that Feihe is still in the leading position in the industry. It ranked first in the infant formula market in mainland China for five consecutive years from 2019 to 2023, and ranked first in sales in the global infant formula market for three consecutive years. With the further elimination of competitors and increased industry concentration, China Feihe's business environment is expected to see marginal improvements.