Changes in Hong Kong stocks | China's Feihe (06186) rose more than 3%, and many local childcare allowance review acceleration agencies say its revenue side is expected to achieve a good recovery

The Zhitong Finance App learned that China's Feihe (06186) rose more than 3%. As of press release, it had risen 3.27% to HK$4.11, with a turnover of HK$129 million.

According to the news, according to the 21st Century Economic Report, the reporter interviewed parents in Sichuan, Chongqing and other places and learned that at present, many parents have reported that the review of childcare allowances has been passed. Judging from local news, the review of local childcare allowances is also speeding up. The reporter learned that the distribution period is not the same everywhere. For example, Xining is expected to distribute the first batch of childcare allowance funds at the end of October, but there are also places that say they will be disbursed in November or December.

Open Source Securities previously stated that China Feihe is the leading infant formula in China. Its market share continues to increase, and its brand and channel advantages are stable. It is expected that in the second half of 2025, with the completion of channel adjustments and the introduction of new products, combined with the promotion of maternity allowance policies, the company's revenue side is expected to recover well.