HK Stock Market Move | COFCO JOYCOME (01610) fell more than 4%. The number of pigs slaughtered in April was 536,000, a decrease of 2.55% month-on-month.
China Resources Ng Fung (01610) fell more than 4%, dropping to 3.6% at the time of writing, closing at 1.34 Hong Kong dollars, with a turnover of 27.8521 million Hong Kong dollars.
COFCO JOYCOME (01610) fell more than 4%, as of the time of writing, it fell by 3.6% to 1.34 Hong Kong dollars, with a turnover of 27.8521 million Hong Kong dollars.
On the news front, on May 11th, COFCO JOYCOME announced that in April 2026, the output of commodity large pigs was 536,000 heads, a decrease of 2.55% from the previous month; the average selling price of commodity large pigs was 9.37 yuan per kilogram. The sales volume of fresh pork was 34,700 tons. In the fresh pork business, the proportion of brand income reached 34.91%.
It is worth noting that according to data from MySteel, in May 2026, the planned output of live pigs in key provinces in China fell by 3.53% compared to the previous month. Among the 18 monitored provinces and cities, only Shaanxi, Jiangxi, Hubei, and Guangxi saw a slight increase in planned output, while the remaining 14 provinces and cities saw varying degrees of decline. After the May Day holiday, the domestic live pig market entered a stalemate of "weak balance between supply and demand, with prices fluctuating narrowly". From the supply side, while the marginal decline in May output is evident, the loose market situation remains unchanged.
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