Pre-made food equities surge; China buys 2022/23 Brazil soybeans

Pre-made food company shares hit limit-up as holiday bolsters demand Prices of food company equities in China soared on Thursday as funds are flocking into the pre-cooked food sector ahead of the Lunar New Year holiday season. Shares of ZJ Guolian Aquatic Products (SZSE: 300094) listed on Shenzhen Stock Exchange surged nearly 20% intraday to 7.46 yuan per share midday Thursday. Shares of ten other food companies including Shandong Delisi Food (SZSE: 002330) and Haixin Foods (SZSE: 002702) all sp...

 

Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com

 

Please login to view this page.

Exit mobile version
%%footer%%