HK Stock Market Move | CHINA SHENGMU (01432) rose by 10%. The company has become one of the first domestic enterprises to receive certification as an "animal-friendly" farm.

China Shengmu (01432) rose more than 10%, as of the time of publication, up by 10.00% to HK$0.33, with a turnover of HK$6.1415 million. On the news front, according to the "China Shengmu" WeChat public platform, China Shengmu Organic Dairy Co., Ltd. has been awarded the title of "Benchmark Enterprise in Animal-Friendly Farm Rating Standards" for its outstanding practices and significant achievements in the field of animal welfare, becoming one of the first domestic enterprises to receive the certification of an "animal-friendly" farm. In addition, the conference also announced the T/CVDA 38-2025 "Animal-Friendly Farm Rating--Cows" standard, with China Shengmu as one of the main drafting units, making important contributions to the formulation of the standard. Tianfeng stated that the original milk prices continue to grind lower, waiting for the new cycle. Due to the long production cycle and low efficiency, it is expected that this uptrend cycle will last for a longer period of time. The current capacity for dairy cows may be close to saturation, and the pressure from Q3 silage purchases may accelerate marginal clearance, leading to a potential bottoming out and rebound in milk prices. Enterprises with mother cow resources or those adopting the "milk-meat linkage" model may have more prominent profitability.