COFCO Jiajiakang (01610) rose by nearly 5%. As of press release, it had risen 4.26% to HK$1.96, with a turnover of HK$36.729 million.
The Zhitong Finance App learned that COFCO Jiajiakang (01610) rose by nearly 5%. As of press release, it had risen 4.26% to HK$1.96, with a turnover of HK$36.729 million.
Fangzheng Securities pointed out that pig prices have entered a slow upward trend. Whether pig prices did not fall under the pressure of the previous period, or if they have suddenly jumped recently, the reflection is that the fundamentals of pig supply and demand are gradually easing, and pig prices will trend upward in the future. Without extreme sentiment, pig prices will show a slow upward trend in May and June.
CICC released a research report saying that from a corporate perspective, the current financial pressure on pig companies has reached an extreme historical value, and the period of rising pig prices is a critical window for balance sheet repair. From an investment perspective, the current round of the market did not beat pig prices; the inflection point on the right side of pig prices is a key catalyst. Expectations for a reversal of the pig cycle have strengthened, and the sector has entered a layout period, and low-cost, highly flexible pig companies have priority benefits. The market switched from a reduction in production capacity on the left side of the transaction to an increase in pig prices on the right side of the transaction.