According to Zhitong Finance APP, most infant and child concept stocks opened higher. As of the time of writing, JXR (01951) rose by 8.93% to HKD 3.66; H&amp;H INTL HLDG (01112) rose by 7.33% to HKD 12.3; BASECARE-B (02170) rose by 5.19% to HKD 3.04; China Feihe (06186) rose by 5.12% to HKD 4.93; and Saint Bella (02508) rose by 3.13% to HKD 7.9.
In terms of news, according to Xinhua News Agency, on July 28, the implementation plan for the national childcare subsidy system was announced. Starting from January 1, 2025, families with one, two, or three children can receive an annual subsidy of 3,600 yuan until the child reaches the age of three. For infants and toddlers born before January 1, 2025, who are not yet three years old, the subsidy will be calculated based on the number of months eligible for the subsidy. A relevant person in charge of the National Health Commission stated that this is an important national livelihood policy that will provide cash subsidies directly to families raising children across the country, helping to reduce the cost of childbirth and child-rearing for families, and is expected to benefit more than 20 million families with infants and toddlers each year.
HTSC pointed out that the current nationwide fertility stimulus policies are accelerating implementation. The policy has moved from expectation to detailed implementation, with significant signals released by the central government, which is expected to drive local governments to accelerate follow-up actions, using multiple measures to support consumer confidence. Coupled with the rebound in newborn population catalyzing maternal and infant demand, they are optimistic about the improvement in demand for infant formula. Huaxi Securities believes that in the short term, childcare subsidies will directly reduce the cost of childbirth for families and boost fertility willingness, with lower-tier markets benefiting more, which is favorable for maternal and infant consumer goods and confinement centers. In the long term, supporting policies for childcare and education are needed, which will benefit early education and youth training institutions

01951

601688

06886

02170

01112

Most infant concept stocks opened higher, with JXR rising 8.93%, H&H INTL HLDG rising 7.33%, and BASECARE-B rising 5.19%. The national childcare subsidy policy will be implemented in 2025, providing an annual subsidy of 3,600 yuan, expected to benefit over 20 million families. HTSC is optimistic about the improvement in demand for infant formula, while Huaxi Securities believes that in the short term, childcare subsidies will boost the willingness to have children, and long-term support policies are needed for early education and youth training institutions

Zhitong

HTSC

BASECARE-B

H&H INTL HLDG

Understanding the Market | Most Baby and Toddler Concept Stocks Open Higher as National Childcare Subsidy Policy is Released; Institutions Optimistic About the Benefits to the Maternal and Infant Industry Chain