We investigate the expressivity of many-valued modal logics based on an algebraic structure with a complete linearly ordered lattice reduct. Necessary and sufficient algebraic conditions for admitting a suitable Hennessy–Milner property are established for classes of image-finite and modally saturated models. Full characterizations are obtained for many-valued modal logics based on complete BL-chains that are finite or have the real unit interval [0, 1] as a lattice reduct, including Łukasiewicz, Gödel, and product modal logics.