HK Stock Market Move | Pork concept stocks bucked the market trend with Muyuan Foods (02714) rising nearly 4% and COFCO JOYCOME (01610) rising over 2%.
Pork concept stocks rise against the market, as of the time of writing, Muyuan shares (02714) rose by 3.84% to 41.1 Hong Kong dollars; COFCO Health (01610) rose by 2.56% to 1.6 Hong Kong dollars.
Pork concept stocks rose against the market. As of press time, Muyuan Foods (02714) rose by 3.84% to HK$41.1, while COFCO JOYCOME (01610) rose by 2.56% to HK$1.6.
On the news front, according to reports from Caishen, relevant departments convened a meeting with several pig companies yesterday. The meeting mainly focused on supporting agricultural development and controlling production capacity, emphasizing the accuracy of warning information. Earlier, Huachuang website announced that it will conduct centralized reserve frozen pork storage bidding trading on March 4th, with a listing of 10,000 tons. Huayuan Securities research reports pointed out that looking forward to 2026, under the influence of production capacity control policies, pig prices may rise early, coupled with the continuous decline in costs of listed companies, profitability may continue to perform well.
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