HK Stock Market Move | Pork concept stocks rose in the afternoon, with DEKON AGR (02419) up nearly 4% and Muyuan Foods (02714) up over 3%.

Pork concept stocks rose in the afternoon, as of press time, DEKON AGR (02419) rose 3.89% to 66.7 Hong Kong dollars; Muyuan Foods (02714) rose 3.08% to 40.2 Hong Kong dollars. On the news front, the Central Political Bureau of the Communist Party of China held a meeting on April 28 to analyze and study the current economic situation and economic work. The meeting mentioned the need to ensure agricultural production and stabilize the price of live pigs, among other things. Zhonghang Securities believes that driven by policies and factors such as farming profits, the trend of capacity elimination in the industry is expected to continue, and it is important to pay attention to opportunities in the live pig sector. Firstly, the live pig cycle continues to rotate, and with the guidance of the "anti-inner loop" policy, capacity is expected to be reasonably reduced, supporting pig price expectations and the trend in the live pig sector. Secondly, the value attributes of leading companies in the live pig industry are enhanced. Thirdly, the dividend attributes of leading companies in the live pig industry are strengthened. Fourthly, leading companies in the live pig industry are advancing their globalization strategy.