23 Hog Producers Post Combined Losses of 25.7 Billion Yuan; New Hope Raises 2.6 Billion Yuan Through Share Placement

Twenty-three listed Chinese hog producers reported combined first-three-quarter net losses of 25.74 billion yuan on revenue of 508.3 billion yuan, down 2.16%. New Hope completed a 2.6 billion yuan private placement and is expanding overseas and aquatic feed capacity.