China Modern Dairy hits 10-week high on expecting a profit
24/07/2026 04:51
BUZZ-China Modern Dairy hits 10-week high on expecting a profit ** Shares of China Modern Dairy Holdings 1117.HK jump 9.8% to HK$1.35, their highest since May 12
** Chinese milk producer expects to record a turnaround to profit of not less than 43 mln yuan ($6.35 mln) for six months ended in June, as compared to a loss of 972 mln yuan a year earlier
** YTD, stock down 18.5%, benchmark Hang Seng Index .HSI down 3%
($1 = 6.7759 Chinese yuan renminbi)
(Reporting by Donny Kwok)
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