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Tianfeng: There may be no further reasons for continued pessimism in the spot market. Continuing to focus on recommending the Hog Farming Sector.
In summary, the Hog Farming Sector is at a valuation bottom with expectations differing, measured by cost leadership, capital supremacy, high growth in sales volume, and inexpensive valuations.
National Bureau of Statistics: In early February, the price of live pigs dropped by 3.8% compared to late January.
According to data released by the National Bureau of Statistics, monitoring of market prices for 50 major commodities in nine categories in the national circulation sector shows that in early February 2025, compared to late January, the prices of 21 products increased, 20 decreased, and 9 remained unchanged.
The "cost battle" continues! Pork supply is expected to increase. Will pig enterprises still be able to "earn easily" this year?
① In January, many listed pig companies recorded year-on-year growth in sales revenue, with significant sales revenue increases for Tangrenshen Group and Zhengbang Technology; ② In January, pig prices dropped again, although they increased compared to the same period last year, the overall trend in the past six months has been a downward fluctuation; ③ As hog supply gradually increases, the profitability of pig companies in 2025 may be weaker than in 2024.
Raising White Chickens = Raising Chickens for Free? The price of white-feathered broilers has dropped to 10 yuan for 4 jin, and farmers are facing "violent capacity reduction"?
Recently, in some areas of ShanDong, the Quote for white feather broilers has dropped to 10 yuan for 4 jin, reaching a new low in nearly 5 years, causing heavy losses for farmers; The industry believes that the main reason for the plummeting price of broilers is the short-term oversupply combined with slaughterhouses taking advantage to "harvest profits."
China Putian Food Faces Potential Takeover Amid Share Sale Developments
PUTIAN FOOD (01699.HK) has submitted an application to the High Court for permission to seek judicial review against the decision of the Listing Review Committee.
On January 20, Gelonghui reported that PUTIAN FOOD (01699.HK) announced that on January 15, 2025: (a) the company has submitted an application to the High Court for judicial review permission against the decision of the Listing Review Committee, seeking to overturn the decision of the Listing Review Committee and any other remedies, relief, and orders that the High Court may provide ("Judicial Review Procedure"); and (b) the company has notified the Stock Exchange of the Judicial Review Procedure and the grounds for the judicial review. The company will make further announcements in a timely manner concerning any significant developments in the Judicial Review Procedure and the implementation of the decision of the Listing Review Committee according to the Listing Rules.
