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China Modern Dairy Holdings Ltd. ( (HK:1117) ) has issued an update.
China Modern Dairy Holdings and China Shengmu Organic Milk have announced progress on a planned change of control, tied to conditional agreements for CMD to acquire sale shares in CSM and potentially launch a mandatory conditional cash offer for all remaining CSM shares. The deal is structured around share purchase agreements and a subsequent offer to minority shareholders, potentially consolidating CMD’s influence in the organic dairy space.
CMD has now secured antitrust clearance from China’s State Administration for Market Regulation for the share purchases and related offer, satisfying a key regulatory condition for completion. Remaining conditions, mainly the accuracy of warranties from CMD and the selling shareholders, are expected to be met or waived before completion targeted on or before 22 May 2026, after which a composite offer document will follow within about a week, offering greater clarity for investors and other stakeholders.
The most recent analyst rating on (HK:1117) stock is a Buy with a HK$1.70 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
More about China Modern Dairy Holdings Ltd.
China Modern Dairy Holdings Ltd. is a Hong Kong-listed dairy producer based in the Cayman Islands, focusing on large-scale raw milk production for the Chinese market. China Shengmu Organic Milk Limited, also Cayman-incorporated and Hong Kong-listed, specialises in organic dairy products, positioning both companies within China’s rapidly evolving premium dairy segment.
Average Trading Volume: 14,902,916
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.42B
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