Pork-Related Stocks Surge in Afternoon Session: DEKON AGR Rises Nearly 4%, Muyuan Foods Gains Over 3%

Stock News
04/28

Pork-related stocks experienced an upward movement during the afternoon trading session. At the time of writing, DEKON AGR (02419) rose by 3.89% to HK$66.7, while Muyuan Foods Co., Ltd. (02714) increased by 3.08% to HK$40.2. The rally follows a meeting held by the Political Bureau of the Communist Party of China Central Committee on April 28, during which current economic conditions and tasks were analyzed. The meeting emphasized the importance of strengthening agricultural production and stabilizing prices of key products such as live hogs. According to AVIC SECURITIES, driven by policy support and farming profitability, the industry's capacity reduction trend is expected to continue, presenting allocation opportunities in the hog sector. First, the ongoing hog cycle, combined with policy guidance aimed at reducing internal competition, is likely to lead to reasonable capacity adjustments, supporting both hog price expectations and stock performance. Second, leading enterprises in the hog industry are demonstrating enhanced value attributes. Third, these companies are also showing stronger dividend potential. Fourth, major players in the sector are advancing global expansion strategies.

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