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Social Security Fund newly bought Muyuan Foods shares worth 1.353 billion yuan per Q3 filings. Hog stocks rose on November 3 while spot hog prices stayed near lows at 9.01 yuan/kg.
The livestock ETF (516670) recorded 130 million yuan net inflows over ten trading sessions.
Investor interest in hog equities reflects expectations of capacity cuts from 2027, but current spot prices stay weak due to frozen pork stocks and heavy slaughter weights, so feed demand is not yet lifted.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.