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Chaoda Modern Agriculture Updates on Director's Role Amid China Zenith Winding-Up
The market is searching for anti-tariff varieties driven by risk aversion, and the Agriculture Sector in the Hong Kong stocks remains strong against the trend.
① The risk aversion sentiment in the market is rising, how is the counter-argument logic being interpreted? ② The Hong Kong stock Agriculture Sector remains robust against the market trend, what is the logic behind it?
The Bird Flu outbreak in the USA has somewhat eased, and egg prices quickly fell in March.
① In the first week of March, the wholesale price of bulk eggs in the USA dropped by $1.20, with a national average price of approximately $6.85 per dozen, a decrease of 15% from the previous week; ② According to a report from the USA Department of Agriculture, there have been no significant outbreaks of highly pathogenic Bird Flu detected in the last two weeks, leading to weakened demand for eggs.
"Winter goes, spring comes"? After the sharp drop in white feather broiler prices, they have increased by 40%. Profitability at the breeding end, many farmers still have lingering fears | Industry observation
On March 13, the actual transaction price of ShanDong white feather broiler chickens rose to over 3.5 yuan per pound, a 40% rebound compared to the extreme Low Stock Price of "10 yuan for 4 pounds" a month ago. Listed companies such as Spring Snow Food indicated that the prices of segmented products have recently warmed up, and the shipping situation has also slightly improved; the industry stated that the recovery of the white feather chicken Industry Chain is related to the recent market being in a supply gap due to the Spring Festival, leading to a decrease in the overall market supply of live chickens.
Express News | RPT-Corrected-Chaoda Modern Agriculture (Holdings) H1 Net Income RMB -7 Million (Corrects Amount)
Express News | RPT-Chaoda Modern Agriculture (Holdings) H1 Gross Profit RMB 12 Million