Changes in Hong Kong stocks | Pork concept stocks have the highest decline in pork prices across the country for four weeks. High supply still limits upward flexibility

The Zhitong Finance App learned that pork concept stocks had the highest decline. As of press release, Muyuan Shares (02714) fell 4.72% to HK$37.56; Wanzhou International (00288) fell 3.10% to HK$6.88; and COFCO Jiajiakang (01610) fell 2.00% to HK$1.225.

According to the news, according to monitoring by the Ministry of Agriculture and Rural Affairs, the national pig price in the first week of September was 11.59 yuan per kilogram, up 0.3% from the previous month. The price of pork was 21.23 yuan per kilogram, up 0.2% from the previous month. Both pig prices and pork prices rose for 4 consecutive weeks. Liu Tong, a market analyst at Xinfadi in Beijing, judged that from an overall perspective, the upward trend is relatively moderate. Since there are still sufficient stocks of hairy pigs, meat prices will not rise much in the later stages.

According to a research report released by Open Source Securities, pig farming enterprises achieved revenue of 207.496 billion yuan in the first half of the year, a year-on-year decrease of 8.44%, and net profit to mother - 18.651 billion yuan, turning into a year-on-year loss. Looking ahead to the future market, seasonal improvements in short-term demand support the recovery of swings in pig prices, but high supply still limits upward flexibility. As losses and policy regulation drive the continued decline in production capacity, pig supply and demand and pig companies' profits are expected to improve substantially in 2027.