HK Stock Market Move | Agricultural stocks generally rose in the early trading session, with the Central No.1 Document first proposing new productive forces in agriculture. Institutions believe the policy is expected to promote a rebound in the sector, which is currently oversold.

In the early morning, agricultural stocks rose across the board. As of the time of writing, SHIYUE DAOTIAN (09676) rose by 17.28% to HKD 6.65, CH MODERN D (01117) rose by 7.62% to HKD 1.13, DEKON AGR (02419) rose by 6.19% to HKD 30.9, and COFCO JOYCOME (01610) rose by 6.57% to HKD 1.46. In terms of news, according to Caijing News, the first "Central Document No. 1" mentioned "new agricultural productive forces" in 2025. Jin Wencheng, director of the Rural Economy Research Center of the Ministry of Agriculture and Rural Affairs, said that the connotation of new agricultural productive forces is quite rich, including current biotechnology, drone technology, artificial intelligence, and digital technology, which can effectively change the development of agricultural production and are of great significance for accelerating the modernization of agriculture. Dongguan Securities pointed out that the document comprehensively anchors the promotion of rural rejuvenation and the goal of building a strong agricultural country from multiple aspects, proposing to lead development with technology and promote new agricultural productive forces, with new breakthroughs in policy measures. Currently, the overall valuation of the agricultural sector is at a historical low. With policy support, it is expected to experience an oversold rebound.