Reported about 1 year ago
Century Minsheng (5314) saw an increase in stock price on June 7th due to operational adjustments leading to improved profitability. The stock price surged to the daily limit at 221.5 yuan with trading volume up by 95%. Foreign investors bought 115 more shares. Short-term market sentiment has strengthened as the KD value shows a positive trend. The company diversified its operations by introducing self-branded health food in February, resulting in a revenue increase of 3,730% in the first quarter. With the upcoming Mother's Day and the growing demand for health food among middle-aged and elderly consumers, Century Minsheng is expected to continue its positive performance in the second quarter.
Source: YAHOO