Pork stocks in the third quarter reported a loss, and the price of meat has risen, and the turning point is coming?

Recently, the fluctuations in pork and coal prices have become the focus of public opinion, and have been projected onto the capital market, which has also seen large fluctuations

Since mid-October, the price of live pigs has continued to rebound.

Affected by the sequelae of the coal price soaring, the performance of coal companies generally increased substantially, and the third quarter reports of thermal power companies were terrible

In the third quarter of this year, pork concept stocks were basically wiped out.

Despite the tragic performance, Red Star Capital Bureau noted that as of September 30, a number of fund companies have appeared in the list of top ten new tradable shareholders of pork concept stocks, including Gao Yi Linshan, a representative of well-known private equity fund manager Feng Liu Yuan Wang No.

In fact, since mid-October, live pig prices have continued to rebound

The third quarterly report was wiped out

Many funds have appeared in the top ten tradable shareholders

On the evening of October 27, Wen's (300498.

Although there have been substantial losses, the representative work of Feng Liu, a well-known private equity fund manager, Gao Yi Linshan No.

Not only Wen's shares, the Red Star Capital Bureau noted that for many pork concept stocks that have announced their three quarterly reports, new funds have appeared in the list of the top ten tradable shareholders

Tiankang Biotech (002100.

Lihua Group (300761.

Haida Group (002311.

The net profit of Shuanghui Development (000895.

The pork concept stock with the most tradable shareholders among the top ten newcomers is undoubtedly Tang Renshen (002567.

Tang Renshen had a net loss of 398 million yuan in the first three quarters, a year-on-year turnaround; a loss of 573 million yuan in the third quarter, a year-on-year decrease of 308.

Several pork concept stocks rebounded by about 20%

Is the turning point of the pig cycle approaching?

The Red Star Capital Bureau noted that since mid-October, the price of live pigs continued to rebound

Pork stocks, which have been declining since the beginning of this year, have also stabilized and corrected recently
.
The pork index rose from more than 2,400 points at the end of July to 2,800.
53 points on October 28, and once rose to nearly 3,000 points on October 19th
.

The share prices of many pork stocks have rebounded since the end of August
.
As of October 28, Tiankang Bio's share price has risen by about 16%, Lihua shares have risen by about 18%, Shuanghui Development has risen by about 20%, Wen's shares have risen by about 20%, and Dabeinong (002385.
SZ) It rose by about 14%, and Muyuan shares rebounded by about 30%
.
In addition, Haida Group rebounded 13% from its lowest point in mid-September
.

Pork prices have risen and pork concept stocks have rebounded.
Is the inflection point of the pig cycle approaching?

Wang Yanan, a pig analyst at Zhuo Chuang Information, told the Red Star Capital Bureau, "It is not yet an inflection point.
We expect the inflection point to appear around May 2022.

"

A number of securities firm research reports also pointed out that this round of pig price rebound is only a short-term adjustment under market rules.
At present, the year-on-year growth rate of pig stock and sow stock is at the highest level in history, and the year-on-year growth rate is still over 20%.
It is difficult to change the nature of the surface in a short period of time
.