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| HSI1 | 26,394.26 | +446.94 | 256.23B |
| HSCEI1 | 8,905.11 | +186.85 | 88.87B |
| Back Zoom + Zoom - Block Traded | |
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2026-04-16 14:16:41 Goldman Sachs issued a research report predicting that hog prices have already bottomed out in China, and a cyclical rebound should arrive, as the industry is currently at the trough of the cycle. The broker lowered its target price for MUYUAN (02714.HK) from HKD68 to HKD64, with a rating of Buy. According to the report, hog prices in China have already fallen to RMB8.7 per kg, the lowest level in 25 years, plunging almost all producers into a cash-loss position. Goldman Sachs estimated effective hog slaughter volume in the industry to contract by 4-7% YoY over the next few quarters, which should lift hog prices to RMB15 per kg in 2H26 and to RMB15.3 in 2027. ~ AAStocks Financial News Web Site: www.aastocks.com | |