No Data
Express News | Huisheng International - Xiang Yuan Appointed Executive Director
HUISHENG INTL [01340] currently reports at 0.04 Hong Kong dollars, an increase of 21.21%.
As of 14:09, HUISHENG INTL [01340] is priced at 0.04 HKD, an increase of 0.007 HKD or 21.21% from yesterday's closing price of 0.033 HKD, with a transaction amount of 0.0206 million HKD. The highest price today is 0.04 HKD, and the lowest price is 0.035 HKD. Based on yesterday's closing price, the 10-day average price is 0.03 HKD, the 50-day average price is 0.04 HKD, the current PE is -0.18 times, and the 14-day strength index is reported at 33.33.
National Bureau of Statistics: In early January, the price of live pigs was 16.1 yuan per kilogram, an increase of 2.5% month-on-month.
On January 14, the National Bureau of Statistics released the changes in market prices of important production materials in circulation in early January 2025.
Pickling and curing have failed to reverse the decline: pig prices are not strong during the peak season. Will listed pig companies face a "test"?
Under the background of ample supply, the impact of processed meat on boosting pork prices is limited, as the average profit per pig in December has already shrunk by over a hundred yuan; industry insiders expect that next year's pork prices may be weaker than this year's, and related listed pig companies with lower costs are still guaranteed to make a profit, but companies with high costs may face certain risks of loss.
Pork company sales "sprint": More than 70% of the sales target completion rate exceeds 90%. December may continue to increase volume | Industry news.
① As of the end of November, over 70% of listed pork enterprises have exceeded 90% of their target for livestock output; ② Currently, smallholders and group pig farms are accelerating their output, leading to increased market supply of Pork, with limited strength in Animal Slaughter consumption, resulting in pork prices falling below 8 yuan; ③ The output of live pigs is expected to continue increasing in December.
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
① 90% of the listed pork enterprises have reduced their costs to the range of 14 yuan per kilogram, including 5 enterprises such as Sunlon, Muyuan Foods, and Wens Foodstuff Group have reduced to the range of 13 yuan per kilogram; ② Many listed pork enterprises have indicated that there is still some room for cost reduction in the fourth quarter and next year; ③ Industry insiders believe that the cost reduction achievements have become the moat for the long-term development of pig enterprises. While helping companies expand profit margins, it also enhances the resilience of the companies against risks.
Huisheng International Holdings Limited's (HKG:1340) Shares Leap 113% Yet They're Still Not Telling The Full Story
