HK Stock Market Move | DEKON AGR (02419) rose over 8% in early trading, with its hog business in the first half of the year meeting expectations and significant improvements in profitability for the broiler segment.

DEKON AGR (02419) surged over 8% in early trading, and as of this writing, it has risen by 6.07%, priced at HKD 54.2, with a transaction volume of HKD 27,091,900. According to SoZhu.com, on August 14, the national average price for lean-type live pigs was RMB 10.64 per kilogram, an increase of 2.4% week-on-week. In addition, on August 13, the price for medium-speed yellow feathered chickens was RMB 6.07 per jin, up 5% compared to the previous week. Public information shows that Dekon has long been deeply involved in the breeding industry of live pigs and yellow feathered chickens, and its accumulated breeding advantages have kept its livestock and poultry costs consistently leading the industry over the years. CMSC pointed out that the sluggish pork prices in the first half of the year affected the performance of the sector, with live pig operations performing as expected while the profitability of the yellow chicken sector improved significantly. Policies are guiding the breeding industry towards high-quality development, and Dekon is rooted in rural areas, empowering farmers, which aligns closely with the national strategic development direction. This highlights the responsibility of leading pig enterprises, and there is optimism about its long-term development. The bank noted that the yellow feathered chicken industry has seen significant results in capacity reduction after more than three years of cyclical downturn, providing a solid foundation for rising chicken prices; they are optimistic about the yellow feathered chicken industry's upturn in 2026.