Following the announcement of the national childcare subsidy system's implementation plan on July 28, baby care-related stocks experienced a significant surge at the opening bell on the 29th. Notable stocks such as Beingmate, Babyroom, Nuobang, and several others reached their daily trading limits, while gains in other associated stocks also surpassed 10% or 5%. According to the plan, beginning January 1, 2025, the government will provide an annual subsidy of 3600 yuan per child per year to infants under 3 years old who comply with the childbearing regulations, continuing until the child reaches the age of 3.
