The Zhitong Finance App learned that pork concept stocks continued to rise. As of press release, Dekang Agriculture and Animal Husbandry (02419) rose 4.53% to HK$59.95; COFCO Jiajiakang (01610) rose 3.06% to HK$1.18; and Muyuan shares (02714) rose 0.62% to HK$39.02.

According to the news, data from the National Bureau of Statistics shows that at the end of the third quarter, the country kept 3.62 million sows, falling below normal holdings for the first time, falling below normal holdings of 37.5 million heads, a year-on-year decrease of 4.33 million heads, a decrease of 10.7%, and the reduction in production capacity actually progressed. According to sample data from Steel Union, the number of breeding sows in October 2026 decreased by 1.57% month-on-month, and the decline increased by 0.71 pct compared to September, with a month-on-month decline for nine consecutive months.

It's worth noting. According to statistics, the total net profit of 13 listed pig companies in a single quarter in the third quarter was 6.947 billion yuan, turning losses year on year, and the average balance ratio of the industry rose to 62.98%. Open Source Securities pointed out that whether piglet season profits in the first half of 2027 can repair cash flow is an important observation point. If it only returns to close to break-even, production cuts may continue; if losses continue, active elimination may accelerate further.

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