Pork equities rally amid February price rebound
Publicly traded shares of Chinese pork companies rallied sharply on Friday.
Share price of major feed and hog producer Beijing Dabeinong Technology jumped as much as 7% after market open, followed by peers including Wens Foodstuff Group and New Hope Liuhe whose shares rose nearly 4-5% during the day.
Hog price in China rebounded nearly 2% in the second half of February to 12.5 yuan/kg (1,978 USD/ton), according to the National Bureau of Statistics,...