Aquaculture ETF Ping An(516760) up over 1.7%, institutions say the new cycle is accelerating significantly.

As of 10:43 on April 7, 2026, the CSI Livestock and Poultry Breeding Index (930707) is surging strongly, up 2.03%. Among constituent stocks, Muyuan Shares is up 10.06%, Jixing Agriculture and Animal Husbandry is up 7.54%, Ruipus Bio is up 5.02%, and individual stocks such as Tiankang Biology and Xiangjia Shares are also moving up in tandem. The Ping An Livestock Breeding ETF (516760) is up 1.71%, with the latest price at 0.65 yuan.

On the news front, on April 3, the domestic hog futures main contract price fell to 9,370 yuan per ton, hitting a new low since the contract was listed. Meanwhile, in the spot market, the average ex-farm hogs selling price fell to below 10 yuan per kilogram, which is the lowest level in more than ten years.

Guangfa Securities analysts believe that, against the backdrop of rising feed costs that intensify cash-flow pressure and the industry generally being in a state of cash-flow losses, combined with the dual catalysts of policy regulation and disruptions from the epidemic, this round of capacity reduction is expected to show the characteristics of “fast speed, deep magnitude, and strong sustainability,” and the incubation process for the next cycle is being significantly accelerated.

The Ping An Livestock Breeding ETF closely tracks the CSI Livestock and Poultry Breeding Index. The CSI Livestock and Poultry Breeding Index selects securities of listed companies involved in businesses such as livestock and poultry feed, livestock and poultry pharmaceuticals, and livestock and poultry breeding as samples to reflect the overall performance of related listed companies.

Data show that, as of March 31, 2026, the top ten weight stocks of the CSI Livestock and Poultry Breeding Index (930707) are Wen’s Shares, Haitian Group, Muyuan Co., Ltd., Zhengbang Technology, Meihua Biological, New Hope, Bio Shares, Dabeinong, San Nong Development, and Lihua Shares. The combined share of the top ten weight stocks is 67.68%.

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