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CHINA FEIHE Leaps 10% as Hohhot Announces Childcare Subsidy of RMB100K for 3rd Child
Recommend 11 Positive 15 Negative 11 |
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Hohhot has announced the implementation details and service procedures for its childcare subsidy program, which includes a subsidy of RMB100,000 for families giving birth to their third or subsequent child. This subsidy will be distributed at RMB10,000 per year until the child reaches 10 years old. The news has buoyed Hong Kong dairy stocks upwards. CHINA FEIHE (06186.HK) opened 4.55% higher today (14th) and climbed to a peak of $6.57. It last traded at $6.56, up 10.62%, on a volume of 36.648 million shares, involving $233 million. In addition, MENGNIU DAIRY (02319.HK) last printed at $18.98, up 4.52%, on a volume of 9.1293 million shares, involving $174 million. YOURAN DAIRY (09858.HK) was last at $2.67, up 8.1%, on a volume of 6.01 million shares, involving $15.6519 million. AAStocks Financial News |
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