HK Stock Market Move | Pastoral sector stocks rose today. CH MODERN D (01117) went up by 6% while YOURAN DAIRY (09858) rose by over 5%.
Livestock sector stocks rose today. As of press time, Modern Dairy (01117) rose 6% to HK$1.59, while Ausnutria Dairy (09858) rose 5.58% to HK$4.73.
Livestock stocks rose today, as of the time of publication, CH MODERN D (01117) rose by 6% to 1.59 Hong Kong dollars; YOURAN DAIRY (09858) rose by 5.58% to 4.73 Hong Kong dollars.
In terms of news, Shenwan Hongyuan Group pointed out that, according to data from Steelhome, last week, the national price of fattening steers at slaughter was 25.75 yuan/kg, an increase of 0.03% compared with the previous period; the average price of calves was 34.27 yuan/kg, an increase of 1.1% compared with the previous period. According to the Ministry of Agriculture and Rural Affairs, on March 5th, the average price of fresh milk in the main producing areas was 3.03 yuan/kg, flat compared to the previous week, with a slight decrease of 0.01 yuan/kg before the holiday. The bank is optimistic about the turning point of the "meat and milk resonance" cycle in 2026 in the livestock industry. It is expected that the price of calves will lead the trend in rising after the Spring Festival, and recommends keeping an eye on YOURAN DAIRY and CH MODERN D.
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