HK Stock Market Move | Muyuan Foods (02714) rose more than 4% today, officially entering the Hong Kong stock connect. The capacity reduction of live pigs is expected to restart.
Muyuan Stock (02714) rose more than 4%, as of the time of writing, up by 4.06% to HK$44.08, with a trading volume of HK$217 million.
Muyuan Foods (02714) surged more than 4%, reaching 4.06% at the time of publication, at 44.08 Hong Kong dollars, with a turnover of 217 million Hong Kong dollars.
In terms of news, the Shanghai Stock Exchange and Shenzhen Stock Exchange announced that Muyuan Foods will be included in the list of Hong Kong Stock Connect securities starting from March 6, 2026, as the stable period of the stock price in the Hong Kong market has ended and Muyuan Foods has been listed on the A-share market for more than 10 trading days.
Sealand believes that the losses in the pig farming industry are worsening, and capacity reduction is expected to resume. The bank points out that the pace and intensity of capacity control policies are still key areas to watch this year. It is currently a good time to allocate to the pig farming sector, with the top pig farming companies being the first choice.
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