Changes in Hong Kong stocks | Muyuan Co., Ltd. (02714) rose more than 3% at the end of the session, and the major conference emphasized stabilizing the production and prices of agricultural and livestock products such as pigs

The Zhitong Finance App learned that Muyuan Shares (02714) rose more than 3% at the end of the session. As of press release, it had risen 2.92% to HK$33.18, with a turnover of HK$101 million.

According to the news, according to Xinhua News Agency, the Political Bureau of the CPC Central Committee held a meeting on July 30. The meeting emphasized stabilizing the production and prices of agricultural and livestock products such as pigs. According to data released by the National Bureau of Statistics on July 16, the country kept 37.8 million sows at the end of the second quarter, a year-on-year decrease of 2.63 million, a decrease of 6.5%, and an increase of 3.2 percentage points over the first quarter. The Ministry of Agriculture and Rural Affairs's newly revised regulatory red line is 37.5 million heads. The difference between the two is only 300,000 heads, and production capacity removal has already entered a critical range.

According to a research report released by the League of Nations Minsheng Securities, as of the end of the first quarter of 2026, the number of breeding sows in China was 39.04 million, which is still higher than the newly revised normal holding target of 37.5 million heads, and is in the “yellow zone” of production capacity. However, the trend of de-escalation is clear. Along with the slump in pig prices, downstream pig price prospects gradually turned pessimistic, and the willingness to fill in the column weakened, causing piglet prices to continue to fall, while piglet prices directly affect sow breeding profits, affect breeding intentions on the breeding side, and may lead to an accelerated decline in sow production capacity.