The Zhitong Finance App learned that Dekang Agriculture and Animal Husbandry (02419) surged more than 9% in early trading. As of press release, it had risen 7.57% to HK$58.25, with a turnover of HK$39.378 million.

According to the news, the pig market experienced a strong rebound in August. According to monitoring by the China Pig Farming Network, as of August 31, the average price of three-yuan pigs sold across the country reached 11.03 yuan/kg. Prices in as many as 29 provinces are flourishing, and market sentiment has clearly picked up. Guoxin Securities believes that the cash flow of leading pig companies is expected to be the first to improve and transform into a high-quality dividend target. The core is optimistic about undervalued pig breeding leaders.

It is worth mentioning that with scientific and technological innovation+lean operation driving efficiency and cost reduction, Dekang Agriculture and Animal Husbandry maintains industry leadership in total cost and profit efficiency. Single loss is superior to peers, and its resilience to cycles is outstanding. Societe Generale Securities said that the company is expected to usher in an inflection point in performance and valuation reshaping under the dual drive of recovering pig business conditions and optimizing profits.

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