Newborn Subsidy Policy Boosts Baby Formula and Mother-Baby Market
National newborn subsidy policy takes effect, sparking explosive growth in baby formula and mother-baby stocks.
On July 28th, the Central Office of the Communist Party of China and the General Office of the State Council published the "Newborn Subsidy System Implementation Plan", which clarifies that from January 1st, 2025 onwards, subsidies will be provided to families with children under the age of three. The subsidy is RMB 36,000 per year.
On July 29th, after the opening of the Shanghai and Shenzhen stock exchanges, mother-baby concept stocks experienced a collective explosion, forming a "red landscape" in the capital market. Among them, A-shares such as Bainaimei (002570.SZ), Love Child (603214.SH) surged to new highs, with children's formula stocks like Ba Be Biotech (02170) also rising sharply.
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