The state reserves have made a major move, with Huabao Fund's Agriculture, Animal Husbandry, and Fishery ETF (159275) rising nearly 3% intraday! Funds are rushing in.

Agricultural, Animal Husbandry, and Fishery Sector Continues Strong Attack Today (April 2nd)!
The only agricultural, animal husbandry, and fishery ETF in the market (159275) surged quickly after opening, with intraday price gains reaching up to 2.73%. As of the time of writing, it has increased by 2.31%.

Regarding constituent stocks, some stocks in the livestock breeding, animal health, and related sectors led the gains.
As of the time of writing, Superstar Agriculture and Animal Husbandry soared over 9%, HuiSheng Biological jumped over 7%, and Shennong Group, China Animal Husbandry Group, and Haid Group also saw significant gains.

On the capital side, the agricultural, animal husbandry, and fishery sector received substantial capital inflows today.
Wind data shows that as of the time of writing, the sector saw net main capital inflows of over 1.7 billion yuan in a single day, ranking 5th among the 30 CITIC first-level industries.

On the news front, to maintain the stable operation of the pork market and better leverage the central reserve’s regulatory role, the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance are currently conducting central frozen pork stockpiling.
Next, the Ministry of Commerce will continue to closely monitor pork market trends, strengthen trend analysis, work with relevant departments to manage reserves and regulation, and ensure market stability.

Some analysts point out that under the dual pressure of losses in fat pigs and piglets, the willingness of small and medium-sized breeders and high-cost capacity to exit has significantly increased, and the disposal of breeding sows is expected to accelerate.
In the medium term, supply-side oversupply remains the main industry theme until 2026, but cost control ability will become a key differentiator. Companies with superior breeding efficiency and cost advantages are likely to lead the cycle.

Looking ahead, Orient Securities states that they are optimistic about the pig breeding sector.
After the low season bottom price is confirmed, pessimistic expectations are expected to gradually reverse.
They are optimistic about pork prices in 2026, and companies with cost advantages are expected to continue to improve performance.
They also favor the post-cycle sector, as the industry structural growth trend continues.
After the pig price recovery, profits in the breeding industry chain are expected to gradually pass downstream, driving the animal health sector higher.
Additionally, in the planting chain, the current upward trend in grain prices may have been established, with good fundamentals in seed and planting industries, highlighting investment opportunities in large-scale planting.

One-click layout of the entire agricultural, animal husbandry, and fishery industry chain, focusing on the market’s first agricultural, animal husbandry, and fishery ETF (159275).
According to China Securities Index Co., Ltd., the ETF (159275) passively tracks the CSI All Share Agriculture, Animal Husbandry, and Fishery Index, with key stocks including leading pig breeding companies like Muyuan Foods and Wen’s Food, as well as segments like feed, grain planting, and animal health across the industry chain.
Off-market investors can also use the Agricultural, Animal Husbandry, and Fishery ETF Connect Funds (Class A 013471 / Class C 013472) to gain exposure to the sector.

Data source: Wind.
As of the end of March 2026, industry classification is based on Shenwan’s third-level industry categories.

Images and data source: Shanghai and Shenzhen Stock Exchanges, etc., as of April 2, 2026.

Note: The first agricultural, animal husbandry, and fishery ETF in the market (159275) refers to the first ETF tracking the CSI All Share Agriculture, Animal Husbandry, and Fishery Index.

Note: When investors subscribe or redeem fund shares, the subscription/redemption agents may charge a commission of up to 0.5%, including related fees from stock exchanges, registration agencies, etc.
The Agricultural, Animal Husbandry, and Fishery ETF does not charge sales service fees.

The subscription fee rate for the Agricultural, Animal Husbandry, and Fishery ETF Connect A is:

• Under 1 million yuan: 1%
• 1 million (inclusive) to 2 million yuan: 0.6%
• Over 2 million yuan: 1,000 yuan per transaction.

Redemption fee rate:

• Within 7 days: 1.5%
• 7 days (inclusive) to 30 days: 0.5%
• Over 30 days: 0%.

The redemption fee rate for the Connect C is:

• Within 7 days: 1.5%
• 7 days (inclusive) and above: 0%.
  Sales service fee rate: 0.3%.

Risk reminder:
The Agricultural, Animal Husbandry, and Fishery ETF passively tracks the CSI All Share Agriculture, Animal Husbandry, and Fishery Index, which has a base date of December 31, 2004, and was published on December 12, 2016.
The index component stocks are adjusted according to the index rules, and its backtested historical performance does not predict future performance.
The individual stocks mentioned are only listed for objective reference and do not constitute any stock recommendation, nor do they represent the fund manager or investment direction.
All information (including but not limited to stocks, comments, forecasts, charts, indicators, theories, or any form of expression) in this article is for reference only.
Investors are responsible for their own investment decisions.
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Investors should carefully read the fund contract, prospectus, and key information documents to understand the fund’s risk-return characteristics and choose products suitable for their risk tolerance.
Past performance does not indicate future results, and the performance of other funds managed by the fund manager does not guarantee future performance.
According to the fund manager’s assessment, the Hua Bao risk level for the Agricultural, Animal Husbandry, and Fishery ETF is R3—medium risk, suitable for balanced (C3) and above investors.
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