Chinese pork stocks rise as govt signals continued frozen reserve purchases
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump says US to hit Iran ‘extremely hard’ in next 2-3 weeks Oil prices rebound above $105/bbl after Trump vows to hit Iran ‘extremely hard’ Stocks kick off April on a strong note after Trump says Iran asked for ceasefire Now up 169%+: A new list of AI-picked stocks for April IS NOW LIVE (South Africa Philippines Nigeria) Chinese pork stocks rise as govt signals continued frozen reserve purchases By Author Ambar Warrick Stock Markets Published 04/02/2026, 01:19 AM Chinese pork stocks rise as govt signals continued frozen reserve purchases 0 002714 3.58% 000876 1.82% 603363 3.09% Investing.com-- Chinese pork stocks rose on Thursday, outperforming a broader market rout after Beijing signaled it planned to continue buying frozen pork stocks this year. Muyuan Foodstuff Co Ltd (SZ: 002714 ), China’s biggest pig breeder, rose 3.7%, while Guangdong Wens Foodstuff Group Co Ltd (SZ: 300498 ), New Hope Liuhe Co Ltd (SZ: 000876 ), and Fujian Aonong Biological Technology Group Incorporation Ltd (SS: 603363 ) rose between 1% and 3%. Get more key insights on major Chinese stocks by subscribing to InvestingPro Pork stocks outpaced a broader decline in Chinese markets, with the Shanghai Shenzhen CSI 300 and Shanghai Composite indexes down 1.1% and 0.8%, respectively. China’s National Development and Reform Commission said it will soon embark on its second major batch of frozen pork reserve purchases this year, local media reports showed. Such a move is aimed largely at pushing up pork prices by purchasing supply directly off the market, in turn improving the margins of hog farmers. Direct government purchases also serve as a revenue stream for pig farmers and slaughterhouses. Government intervention comes amid ongoing oversupply in the market, especially from high-breeding sow inventories through late-2024 and mid-2025. Pork production had increased substantially following supply disruptions caused by the African swine fever...
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