WH Group (00288) declined over 4% again. As of press time, the stock fell 4.05% to HK$7.34, with trading volume of HK$183 million.

On the news front, on October 13, the main live pig futures contract 2511 closed down 2.88% at 11,125 yuan per ton, hitting a new historical low and accumulating a 21% decline year-to-date, representing a drop of over 40% from last year's peak. Pork spot prices have currently fallen below 11 yuan per kilogram.

Market analysts note that despite ongoing capacity reduction efforts on the supply side in recent months, the effects have not met expectations. The supply-demand imbalance contradiction persists, and the downward trend in pig prices is expected to remain difficult to reverse.

Notably, WH Group announced last month a special dividend distribution of HK$0.3 per share. UBS issued a research report stating that this dividend payment aligns with market expectations, with all proceeds from Smithfield's secondary public offering being distributed as special dividends.

Additionally, WH Group plans to hold a board meeting on October 28 to approve third-quarter results.