Changes in Hong Kong stocks | Modern Animal Husbandry (01117) rose more than 6% in the first half of the year, Yingxi combined acquisitions and landings, and the industry is expected to enter an upward profit channel

The Zhitong Finance App learned that Modern Animal Husbandry (01117) rose by more than 6%. As of press release, it had risen 5.67% to HK$1.49, with a turnover of HK$49.2493 million.

According to the news, recently, Hyundai Animal Husbandry and its co-operator Start Great (a company owned by China Mengniu) successfully completed a mandatory conditional cash offer to acquire China's Shengmu. Based on the inventory scale at the end of 2025, the total number of dairy cows in the group after the merger of Hyundai and Shengmu reached 604,000 heads. Furthermore, Hyundai Animal Husbandry previously expected profit before tax to be no less than 43 million yuan in the first half of the year, turning a loss into a profit over the previous year.

Also, according to Fangzheng Securities Research Report, the average price of fresh milk in the main production areas in July was 3.05 yuan/kg, up 0.7% month-on-month and 0.3% year-on-year, ending the continuous decline since February 2022. Huachuang Securities believes that with the continuous optimization of the supply and demand pattern, the industry is rapidly breaking away from the bottom operating range and entering an upward profit channel.