Mengniu (2319.HK) Actively invest resources to innovate and upgrade products August 14, 2018

Investment Summary

China’s dairy product consumption is still in a period of steady growth. With the increase in disposable income of households and individuals, relaxing of two-child policy, we are optimistic about the prospects of the dairy industry. The State Council has released a circular in last June to guide the industry’s development. It says the whole industry should be revitalized by 2025. It encourages the integration of dairy enterprises, promotes milk-drinking program to students and cultivates national habits of dairy product consumption.

About the author

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Tracy Ku
Investment Analyst

Graduated from Chinese University of Hong Kong, majoring in Economics for Bachelor Degree, and Journalism for Master Degree. Worked in financial news industry for more than four years.
Currently cover retailing, property sectors and IPOs. Good at analysis for the companies with economic policies and industry prospects.

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