HK Stock Market Move | DEKON AGR (02419) rose more than 5% in midday trading, empowering family farms smoothly. There is still room for improvement in the future service of live pigs.
Dekang Agriculture and Animal Husbandry (02419) rose more than 5% intra-day, and as of the time of writing, it was up 3.25% to HK$85.85, with a turnover of HK$1.09 billion.
DEKON AGR(02419) rose more than 5% in intraday trading, as of the time of writing, it has risen by 3.25% to 85.85 Hong Kong dollars, with a trading volume of 1.09 billion Hong Kong dollars.
On the news front, Huaxi has initiated a "buy" rating on DEKON AGR. The comparable company's PE in 2025 is 18X, with a target price of 170 Hong Kong dollars; the current average PS of comparable companies is 1.63, with a target price of 120 Hong Kong dollars. The institution pointed out that Dekon's "company + family farm" breeding model fits the strategic direction of rural revitalization and policies promoting agricultural development. In the future, DEKON AGR still has room to increase its service of breeding pigs.
