On July 16, Muyuan Foods rose 3.4% in regular trading, trading at 34.08 HKD/share, with turnover of approximately 49.16 million HKD.

On the news front, national hog prices have continued to rebound, with the average price breaking through the 11 yuan/kg threshold, representing a cumulative gain of over 20% from late-June lows. The previously disclosed first-half net loss forecast of 5.7 billion to 6.7 billion yuan has been largely digested by the market. Meanwhile, the company plans to repurchase H shares worth 300 million to 500 million HKD, and certain directors and senior executives intend to increase A-share holdings by 400 million to 500 million yuan.

Institutions note that accelerated industry capacity reduction is strengthening signals of a cyclical bottom, with hog prices potentially reaching a trend inflection point in the second half. The company continues to optimize its cost structure, with its average selling price of commercial hogs at approximately 9.69 yuan/kg in June, while industry-average breeding costs remain around 12 yuan/kg.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)