Smithfield Sheds More Hog Operations -- Market Talk

WSJDec 21 01:45

Jianyin International: Maintains WH GROUP (00288) "Outperform Market" rating, with the Target Price lowered to 7.2 Hong Kong dollars.

Jianyin International raised the forecast for the operating profit margin of WH Group USA in the fourth quarter from 7.9% to 8.1%.

Zhitong FinanceDec 20 11:21 · Ratings

Citi International has lowered the Target Price for Wan Chai (00288.HK) to 7.2 yuan, and the USA's upstream production capacity reduction plan is progressing as scheduled.

According to the research report from Jianyin International, the upstream production cut of WH Group (00288.HK) in the USA is in line with expectations, and the proposal for the spinoff of Smithfield has become clearer, aiming to increase the dividend per share in the coming years. The bank has lowered its earnings forecasts for the company for the next two years by 5% and 3% respectively, reflecting a weaker RMB and a downward revision of its forecast for domestic operation profit margins. The bank has reduced the company's Target Price from 7.5 HKD to 7.2 HKD, while maintaining a 'Outperform the Market' rating. The bank also adjusted its forecast for the operation profit margin in the USA for the fourth quarter from 7.9% to 8.1%. Additionally, weak demand in China is putting pressure on the Pork market.

AASTOCKSDec 20 10:32

The pig industry is undergoing changes! "Cost reduction" has become the key to success or failure. Are publicly listed pig companies experiencing better-than-expected profit improvements?

Under the dual effect of rising Pork prices and falling costs, the profitability of listed pig farming companies is rapidly improving.

Zhitong FinanceDec 11 21:21

Pork company sales "sprint": More than 70% of the sales target completion rate exceeds 90%. December may continue to increase volume | Industry news.

① As of the end of November, over 70% of listed pork enterprises have exceeded 90% of their target for livestock output; ② Currently, smallholders and group pig farms are accelerating their output, leading to increased market supply of Pork, with limited strength in Animal Slaughter consumption, resulting in pork prices falling below 8 yuan; ③ The output of live pigs is expected to continue increasing in December.

cls.cnDec 11 15:39

BoCom International lists the latest recommended list of Hong Kong stocks in "Dah Sing".

Bank of China International released a research report, updating the recommended list of Hong Kong stocks, which now includes China Overseas (00688.HK), BYD Electronics (00285.HK), SMIC (00981.HK), Master Kong (00322.HK), and haier smarthome (06690.HK); at the same time, five stocks were removed, including CNOOC (00883.HK), Sinopec (00386.HK), Huaneng (00902.HK), china power (02380.HK), and Kuaishou (01024.HK).

AASTOCKSDec 9 11:37