Movement Alert|Muyuan Foods Rises 3.07% in Regular Trading, Rebounding After H1 Loss Digested as Hog Prices Rally and Buyback Plan Supports Sentiment

Market Focus07-15

On July 15, Muyuan Foods rose 3.07% in regular trading, trading at HKD 32.8/share, with turnover of HKD 14.508 million.

On the news front, the stock rebounded after the company's previously disclosed H1 net loss forecast of RMB 5.7 billion to RMB 6.7 billion was largely priced in during the prior session's 3.11% decline on July 14. The loss was primarily caused by average commercial hog selling prices of approximately RMB 10.4/kg, down roughly 28% year-over-year, despite cost reductions in breeding operations.

Meanwhile, national hog prices have sustained a strong recovery, surpassing the RMB 11/kg threshold with cumulative gains exceeding 20% from April lows across 11 consecutive days of increases, signaling stabilization at the cycle bottom. Additionally, the company announced on June 25 a planned H-share buyback of HKD 300 million to HKD 500 million, while a group of directors and senior executives plan to purchase RMB 400 million to RMB 500 million of A-shares, reinforcing management confidence in the company's long-term value.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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