NEWS CENTER
"Pork stocks" are no longer strong
Yesterday, the National Bureau of Statistics released data showing that in July the national consumer price index (CPI) rose by 6.5% year-on-year, of which the food price most concerned by the public
Yesterday, the National Bureau of Statistics released data showing that in July the national consumer price index (CPI) rose by 6.5% year-on-year, of which the food price most concerned by the public rose by 14.8% year-on-year, while pork price rose by 56.7% year-on-year, and egg price rose by 19.7%. The price of aquatic products rose by 15.0%, becoming a "troika" that affects the overall price level.
Thanks to the soaring pork prices and the expansion of the scale of farming since the beginning of this year, the performance of Hunan listed companies involved in hog farming has risen steadily, and share prices have risen in the first half of the year. Among them, Xinwufeng (600,975) rose 38.82% in the first half of the year, becoming the "best cattle" Xiang stocks, and expected net profit in the first half of the year increased 300% to 400%, while Dukang animal husbandry (002505) expects net profit growth in the first half year-on-year From 90% to 120%, the net profit of Tang Renshen (002567), which has disclosed the report, has increased by 25.8% year-on-year. In addition, Zhenghong Technology (000702), which specializes in grain and feed processing, expects to achieve profitability in the first half of the year.
However, with the high pork prices causing farmers to actively expand production, and the arrival of slaughter pigs in the second half of the season, domestic pork prices are expected to fall to some extent in the fourth quarter. As a "wind vane" of the macro economy, the stock market often reflects the future expectations in advance. "Pig stocks" continued to fall after rising in mid-July. As of yesterday, the biggest drop in the new shares of the leading stocks reached 32.22%, while Dakang Farming, The biggest declines of the Chinese gods were 31.42% and 20.53%, respectively.
Yesterday,
