On August 18, MUYUAN rose 4.56% in regular trading, trading at HK$34.82/share, with turnover of HK$123 million. The stock rallied alongside a broad-based strengthening in pork concept stocks.
On the news front, pig prices have recently shown signs of recovery, with the Sichuan-Chongqing low-price region stabilizing first, reflecting meaningful relief in regional supply pressure. Institutions noted that supply is expected to decline marginally after August, while seasonal consumption recovery driven by autumn cooling, the back-to-school season, and Mid-Autumn and National Day holiday stocking provides an upward basis for pig prices. Additionally, sustained industry losses are forcing capacity clearance, with June breeding sow inventory approaching the reasonable retention level. The pace of backward capacity elimination may further accelerate, supporting longer-term price recovery prospects. Current sector valuations remain in a trough, and market willingness to allocate has increased.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)